Eddy County creates $20.5 million Community Development Fund as budget discussion moves forward
The Eddy County Commission approved a new Community Development Fund and moved $20.5 million into it — the FY2025 surplus of $15.5 million plus $5 million — after a budget discussion that included proposed district discretionary funds and personnel cost increases.
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On March 24, 2026, the Eddy County Board of Commissioners unanimously approved R-26-27, creating a Community Development Fund intended to account for and support one-time community enhancement projects and partnered projects with schools and municipalities. The Board also approved transferring the FY2025 remaining surplus of $15.5 million plus an additional $5 million into the new fund, a combined $20.5 million.
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