- Associated Press - Friday, June 26, 2015

CARLSBAD, N.M. (AP) - Eddy County officials have approved a tax increase that will help fund county operations.

The Carlsbad Current-Argus reports (https://bit.ly/1SQ8nbO) that the Eddy County Commission passed 3-2 an amended ordinance Thursday, enacting a one-eighth of 1 percent increase of the gross receipts tax.

Officials say the tax hike will generate $5 million for the county general fund next year.

The funds will go toward cash-strapped mandates such as operations and renovations for the county courthouse and detention center.

Some money will also go to the state to help cover the county’s share of Medicaid.

The original proposal called for a three-eighths of a percent increase for anyone, even municipalities, doing business in the county.

Voters will decide in November if a two-eighths percent increase to fund road work will take effect.


Information from: Carlsbad Current-Argus, https://www.currentargus.com/



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