While Roswell city leaders have approved a $19.6 million increase in the city’s budget, Chaves County leaders have trimmed $2.8 million from the county’s authorized year-to-year spending, while also giving all county employees raises.
The Chaves County commissioners last month unanimously approved the county’s $43,354,116 budget for the 2014-15 fiscal year.
The county’s projected spending from July 1, 2014, through June 30, 2015, is a 6.1 percent reduction from the county’s 2013-14 budget of $46,200,394.
By contrast, the Roswell City Council last week approved a 21.7 percent increase in the city’s authorized expenditures from last fiscal year.
The city’s $110,332,668 budget for the 2014-15 fiscal year is a $19,658,552 increase in authorized spending from the city’s $90,674,116 budget for the 2013-14 fiscal year.
The city’s budget passed 8-1 at an emergency City Council meeting Thursday, after failing to pass a roll call vote at a special City Council meeting on July 29.
City Councilor Steve Henderson cast the dissenting vote, saying he had concerns revenues would be sufficient to meet the city’s first-ever, nine-figure budget of $100 million-plus.
The city needed to pass a final budget by July 31 to meet a reporting deadline with the New Mexico Department of Finance and Administration.
City leaders said the city’s budget expenditures will increase $19.6 million in a single fiscal year because of one-time only, non-recurring revenues and expenses totaling $23,667,965.
The city’s $110 million budget includes $8.5 million for a Login to read more