City Commission Meeting
27:37 The proposed increase of 0.6125%, would bring the city's growth receipt tax rate to 7.175%. The increase could potentially generate approximately 14.7 million dollars in additional revenue.Play from 27:37
Hobbs, NM public meetings
Video, transcripts, and deep links for 3 archived Hobbs, NM public meetings from 2026-09-08 to 2026-10-19 — 3 with a searchable transcript.
City Commission (3)
Property taxes in Hobbs, NM meetings
Quotes mentioning property taxes. Show all topics.
City Commission Meeting
14:26 Most importantly, Bon 3 represents an opportunity to bring state resources back to Lee County. The measure does not increase property taxes, yet it provides funding for important higher education infrastructure projects across New Mexico.Play from 14:26
City Commission Meeting
32:58 It has a regional spending impact as far as visitors, non-residents, contributing to the money that they spend. It's less contract concentrated, broader than property tax fees or utility increases, but there's still a public impact.Play from 32:58
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