County to end year with a budget surplus

May 20, 2010

Valencia County Manager Eric Zamora said during last night’s county commission meeting that he expects the county to end the current fiscal year on June 30 with up to a $1.5-million surplus.

According to county officials, the surplus could be between $850,000 and $1.5 million.

Zamora mentioned the positive news as the county commission unanimously approved a $13.4-million preliminary budget for the next fiscal year.

The new budget avoids cuts to services, including things like vector control, which had been cut last year, but was restored to the budget after public outcry.

The budget actually includes a 50-cent raise for all employees, if the New Mexico Department of Finance and Administration allows it during its review of the budget.

Posted in: Budget