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Budgetary Adjustment No. 1, FY 2026-2027

Hobbs

Summary

The city's budget gets a $19.2 million revenue boost — mostly grants — with a healthy $122 million ending cash balance across all funds.

At a glance

Total mentions
1
Last 30 days
1

Discussed at 1 meeting in the last 60 days; most recently Oct 19, 2026.

Impact analysis

💰Financial impact

Revenue up $19.2 million, cash down $1.4 million; general fund reserve slips from 45% to 44%.

✅Who benefits

Every department getting grant-funded projects, from fire to parks, benefits from the added funding.

Mentions & discussions (1)

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