County finances in good shape

County finances in good shape

Doris Cherry| For the Ruidoso Newsdoris.mae.cherry@gmail.com Lincoln County Commissioners have given preliminary approval to a $101.6 million budget that will require no property tax increase, even though the planned spending exceeds expected revenue by more than $25 million. Commissioners plan to make up the deficit by drawing down the county’s cash reserves, which are projected to stand at $54.6 million at the beginning of the 2025-26 fiscal y…