1 00:00:02,880 --> 00:00:11,080 I pledge allegiance to the flag of the United States of America and to the 2 00:00:08,120 --> 00:00:16,520 republic for which it stands, one nation under God, indivisible, with liberty and 3 00:00:14,120 --> 00:00:21,520 justice for all. Salute the flag of the state of New 4 00:00:18,640 --> 00:00:25,640 Mexico and the Zia symbol of perfect friendship among nine cultures. 5 00:00:26,120 --> 00:00:30,920 » Commissioner you please lead us in prayer. 6 00:00:29,600 --> 00:00:35,040 » Dear heavenly Father, thank you for today. Thank you for blessing us in so 7 00:00:33,360 --> 00:00:40,600 many ways. Please Lord be with us today as we make 8 00:00:37,920 --> 00:00:45,480 the decisions we need to make and I just pray that you'll continue to bless this 9 00:00:42,400 --> 00:00:49,280 county, the state and this country. In Jesus' name. Amen. 10 00:00:46,880 --> 00:00:49,280 » Amen. 11 00:00:52,760 --> 00:00:58,280 » Good morning. Start with public comment. None. Cool. 12 00:00:58,760 --> 00:01:05,560 » I have three. >> Consideration and approval of 2026 Eddy 13 00:01:03,280 --> 00:01:09,840 County tax rates. >> Good morning commissioners. 14 00:01:07,920 --> 00:01:14,680 We are here today to impose the Eddy County 2026 tax rates that were provided 15 00:01:12,400 --> 00:01:18,600 to us by the New Mexico Department of Finance. 16 00:01:16,560 --> 00:01:23,560 I believe you all have a packet. And you will notice that as you review 17 00:01:21,240 --> 00:01:27,440 the rates there was a very slight changes in all level. 18 00:01:25,840 --> 00:01:34,080 I did reach out to all the entities and I 19 00:01:30,880 --> 00:01:39,200 received some feedback from them. Some I did not. And so I feel pretty 20 00:01:37,160 --> 00:01:45,560 comfortable about all of them because I did review these and 21 00:01:42,760 --> 00:01:48,560 was able to get clarification on many of them. 22 00:01:46,720 --> 00:01:53,280 I also want to clarify that Eddy County does not set these tax rates but this is 23 00:01:51,520 --> 00:01:57,280 these are calculated and provided by DFA. 24 00:01:54,880 --> 00:02:03,200 And I would also like to point out that our taxes here in Eddy County are lower 25 00:02:00,640 --> 00:02:08,200 than most in the state. Even in our neighboring counties. 26 00:02:05,760 --> 00:02:12,240 Uh when I received the tax rates, I did have a couple questions and like I said, 27 00:02:10,119 --> 00:02:18,360 I did reach out and I was able to get clarification on most of those. 28 00:02:15,480 --> 00:02:24,400 Um there is one that I would like to explain that is in our oil and gas 29 00:02:21,040 --> 00:02:33,240 production and equipment in the 16 in non-resident district and it last year 30 00:02:29,560 --> 00:02:38,920 it um had a tax rate of uh 22.560 31 00:02:35,959 --> 00:02:43,880 and this year it has no tax rate. So I was very a little concerned about that 32 00:02:41,000 --> 00:02:49,480 one and I did not really really receive any clarification from DFA, PTD, or 33 00:02:46,640 --> 00:02:54,680 anything. But as you look at the taxable value there at the at the top you will 34 00:02:52,880 --> 00:03:00,160 see that it shows uh a zero value. 35 00:02:56,880 --> 00:03:05,120 And last year it was only 176 in uh in the production and 35 in the equipment 36 00:03:03,040 --> 00:03:10,239 and we've seen over the past years that that has just been decreasing and uh so 37 00:03:09,080 --> 00:03:14,680 my I figured that because there's no value 38 00:03:12,680 --> 00:03:19,360 there now that that is the reason why there is no tax rate. 39 00:03:16,680 --> 00:03:23,600 So when we do enter our tax rates to produce the tax roll to the county 40 00:03:22,200 --> 00:03:29,080 treasurer, we do not enter these tax rates, but she 41 00:03:26,800 --> 00:03:35,200 still has to collect for this oil and gas production and the equipment and um 42 00:03:33,120 --> 00:03:40,239 but to get the tax roll to the treasurer, this is not going to 43 00:03:37,840 --> 00:03:44,280 fit into that. Okay? Do you have any other questions for me? 44 00:03:42,600 --> 00:03:47,720 » Basically as I looked down through here, it looked like the tax rates 45 00:03:46,720 --> 00:03:51,400 of the majority [clears throat] went down. 46 00:03:48,239 --> 00:03:53,800 » Yes, sir. They did. Yes, sir. >> That's something that we need to 47 00:03:52,320 --> 00:03:57,880 highlight. You know, all I hear on on 48 00:03:56,320 --> 00:04:02,040 bills, especially when we have to approve these special meetings and stuff 49 00:04:00,480 --> 00:04:06,200 that they're trying to hide something and we're going to raise their taxes. 50 00:04:04,120 --> 00:04:11,280 What they don't understand is the city that Eddy County hadn't gone up on their 51 00:04:08,120 --> 00:04:14,142 tax rates in over 30 years. And you know, it just irritates the heck 52 00:04:13,000 --> 00:04:16,920 out of me when people that >> [clears throat] 53 00:04:14,640 --> 00:04:20,640 » have no knowledge whatsoever and are not willing to go out and 54 00:04:18,840 --> 00:04:26,000 and find out about it, make the comments on Facebook and other 55 00:04:23,880 --> 00:04:29,640 social media areas that that we're trying to hide something and we're 56 00:04:27,240 --> 00:04:32,880 trying to raise their taxes and all this when they have no idea whatsoever. 57 00:04:32,160 --> 00:04:36,240 » Yes, sir. >> So, thank you. I'm I just had to get on 58 00:04:34,680 --> 00:04:40,040 my soapbox for a minute. It just [clears throat] ticks me off. 59 00:04:37,919 --> 00:04:45,000 » And you also also see that our the county has not raised our tax rates 60 00:04:42,840 --> 00:04:47,640 in many years. It's been basically the same for many years. 61 00:04:46,360 --> 00:04:49,680 » Yeah, for over 30 years. >> Yes. 62 00:04:48,320 --> 00:04:55,280 » Mr. Chair, I uh to I think that Commissioner 63 00:04:50,919 --> 00:04:59,520 Carlson's point I would add that uh this being considered today for a 64 00:04:56,680 --> 00:05:04,280 special meeting because the time in which the we receive notification from 65 00:05:02,120 --> 00:05:06,280 the state, the commission has what is it, 5 days? 66 00:05:05,240 --> 00:05:11,040 » 5 days, working days. >> So, it's not a matter of having a doing 67 00:05:09,440 --> 00:05:16,840 this at a special meeting. That's not the preference. The preference is this 68 00:05:12,760 --> 00:05:20,160 board by statute has to act within 5 days receiving the notification from the 69 00:05:19,000 --> 00:05:25,800 state. So, and today's that day. To try and 70 00:05:23,280 --> 00:05:30,880 keep it consistent with meeting times, it's at 8:30, which is the times of the 71 00:05:28,400 --> 00:05:34,720 regular board meetings, but this is the day in which, you know, this is this was 72 00:05:32,880 --> 00:05:38,960 the available day, but it's within that 5 days that we received notification. 73 00:05:37,280 --> 00:05:43,960 And that's what we're doing. >> Yeah. 74 00:05:40,600 --> 00:05:48,880 » Just to go off a little bit more on what Commissioner Carlson said, 75 00:05:46,120 --> 00:05:53,240 oil and gas, the oil and gas portion of our tax represents about $110 million 76 00:05:51,920 --> 00:06:00,600 of our $149 million county mill levy, the levy 77 00:05:57,240 --> 00:06:06,560 rate that we have. 74% of it um residential property, the residential 78 00:06:03,480 --> 00:06:10,560 property that's taxed is 6.3 million, so that's about 4%. So, you can see that 79 00:06:09,240 --> 00:06:14,000 it's uh all of the county taxes, everything 80 00:06:12,760 --> 00:06:18,720 that's being discussed here, oil and gas represents 81 00:06:16,280 --> 00:06:21,760 74%. >> And we're how much and what and 4% on 82 00:06:20,600 --> 00:06:26,800 residential? >> 4% 6.3 million of the $149 million 83 00:06:25,640 --> 00:06:31,720 county levy. You got it, so. 84 00:06:28,800 --> 00:06:35,720 » Those are good numbers to know. >> So, 85 00:06:34,200 --> 00:06:37,880 do we have a motion to approve? >> I'll so move. 86 00:06:37,000 --> 00:06:40,760 » Second. >> We have a motion and a second. 87 00:06:39,520 --> 00:06:42,200 Let's call for the vote. >> Trust. 88 00:06:41,360 --> 00:06:43,480 » Yes. >> Bowen. 89 00:06:42,760 --> 00:06:44,760 » Yes. >> Cordova. 90 00:06:44,080 --> 00:06:47,760 » Yes. >> Cromer. 91 00:06:45,320 --> 00:06:47,760 » Yes. 92 00:06:47,800 --> 00:06:52,520 » That's it. We're adjourned. >> Thank you. Appreciate it.