County Commission lowers 2020 tax rate
August 10, 2020
Taxpayers will notice a drop in their county property taxes next year. The Eddy County Commission approved its 2021 preliminary budget Tuesday, reducing its expected mill levy from 99.55 mills in 2019 to approximately 92.8 mills in 2020.
The county’s financial position is strong, with adequate reserves and a roughly $300,000 general fund balance carryover estimated at the end of 2020. More t...