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Commission hears departmental budget presentations; assessor reports nearly $4.0 billion taxable value for 2025
Summary
Department heads presented FY2024–25 operating and capital budgets. Assessor Ava Bench reported an estimated taxable value of $3,993,946,242 for the 2025 tax year and net new value of $37,273,550; finance staff reported general fund revenues and overall county revenues ahead of expenditures.
Lea County commissioners heard a series of departmental budget presentations and received a financial report showing revenues ahead of expenditures.
Assessor: Ava Bench presented the assessor’s annual report and said the taxable value for the 2025 tax year (ad valorem and central assessment) is estimated at $3,993,946,242. Bench reported net new taxable…
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