Bernalillo County Board of Finance approves quarterly investment strategy; treasurer cites liquidity and ARPA drawdown The Bernalillo County Board of Finance on Nov. 18 approved the treasurer's quarterly investment strategy 5-0 after presentations on portfolio adjustments, liquidity plans and ARPA-related drawdowns. The treasurer and advisors recommended reducing the core portfolio range to $350M$450M to preserve operating liquidity.

The Bernalillo County Board of Finance has unanimously approved a new investment strategy aimed at preserving liquidity while navigating ARPA fund drawdowns.

Click to read more!

#BernalilloCounty #NM #CitizenPortal #BernalilloCountyFinance #InvestmentStrategy #LiquidityManagement

County Fiscal Year 2024 grocery taxes show stable trends but may fall short County reports $7.7M increase in grocery tax revenue against fiscal year 2024 forecasts.

Bernalillo County is seeing a promising $7.7 million increase in revenue, but grocery tax collections may fall short—what does this mean for the budget ahead?

Click to read more!

#BernalilloCounty #NM #CitizenPortal #BernalilloCountyFinance #EconomicTrends #FiscalResponsibility #TaxRevenue