ROSWELL NEW MEXICO
AGENDA ITEM ABSTRACT
AGENDA ITEM ABSTRACT
2.
Special Council Meeting
- Meeting Date:
- 05/28/2025
COMMITTEE:
Finance
CONTACT:
Toni Gomez
CHAIR:
Robert B. Corn
ACTION REQUESTED:
Resolution 25-23 - Consider recommending adoption of Resolution 25-23 approving the City of Roswell fiscal year 2025/2026 Preliminary Budget. (Corn/Gomez)
BACKGROUND:
Initiated by: The 2025-2026 Budget Development Committee
The final budget is required by the State of New Mexico Department of Finance and Administration. The Preliminary Budget was developed on a basis of need and cooperation between the City Manager, departmental staff, and elected officials. Once a Preliminary Budget has been adopted, only the beginning cash figures can be adjusted for the adoption of the final 2025-2026 budget.
The final budget is required by the State of New Mexico Department of Finance and Administration. The Preliminary Budget was developed on a basis of need and cooperation between the City Manager, departmental staff, and elected officials. Once a Preliminary Budget has been adopted, only the beginning cash figures can be adjusted for the adoption of the final 2025-2026 budget.
FINANCIAL CONSIDERATION
No financial consideration at this time.
LEGAL REVIEW:
No legal review is required at this time.
BOARD AND COMMITTEE ACTION:
This item will be heard at the Special Finance Committee Meeting on May 28, 2025.
STAFF RECOMMENDATION:
Proceed as presented
Attachments
- Resolution 25-23 Approving the City of Roswell fiscal year 25-26 Preliminary Budget
- FY26 Preliminary Budget