Albuquerque Journal (Albuquerque, NM)

Proposed Budget Adds $2.5 Million in Cost.(West Side Journal)

Byline: Michael Davis Journal Staff Writer

The Sandoval County proposed budget for fiscal 2003 to 2004 has grown by more than 7 percent, despite a drop in gross receipts tax revenue.

The proposed $35.76 million preliminary budget is up roughly $2.45 million from the current budget for the fiscal year, which ends June 30. It includes an $8.56 million General Fund (operating budget), a roughly $4.7 million road budget, a $2.47 million bond debt, $5.5 million in projected cash reserves, and $14.48 million budgeted for other county programs.

The budget remains preliminary until the County Commission approves it and it is sent to the state Department of Finance Administration. …

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