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Lea County adopts 2025–26 budget and moves $120 million into permanent fund
Summary
The Lea County Board of Commissioners approved a $120 million transfer into a newly established permanent local-government fund and adopted the final fiscal year 2025–26 budget, which includes $362 million in capital projects and 27 new full-time positions.
Lea County commissioners voted July 1 to transfer $120,000,000 into a new local-government permanent fund and to adopt the county’s final fiscal year 2025–26 budget.
County Manager presented the plan to move the funds under authority of New Mexico statutes and county ordinance, saying staff ran multiyear capital projections to ensure the transfer would not impair operations. Commissioners approved the motion by recorded vote.
The adopted budget funds roughly $362,000,000 in capital projects that…
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