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Eddy County projects $363M cash balance and conservative FY26-27 revenue assumptions
Summary
County finance staff presented a preliminary FY26-27 budget overview that projects a June 30, 2026 cash balance near $363 million, details major revenue drivers (GRT, oil and gas, property tax) and proposes a modest 4% increase to general fund revenue assumptions.
County finance staff presented the Eddy County preliminary outlook for fiscal year 2026-27, detailing collection results to date, revenue drivers and projected cash balances.
As of Dec. 31, 2025 the county reported collecting about 91% of total budgeted revenue and expending well under budget. Staff reported general fund revenue collections around 94% and noted the county started the fiscal year July 1 with approximately $290 million in general fund cash reserves; as of the December report the cash balance…
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