Bernalillo County Board of Commissioners– Board of Finance Meeting, August 25, 2026

The Bernalillo County Board of Commissioners held a Board of Finance meeting on August 25, 2026, focusing primarily on financial and investment matters. The county treasurer's office presented updates on investment portfolio performance, noting a slight reduction in portfolio balances due to spending of ARPA funds and other expenditures. A key procurement-related discussion involved a legislative proposal to allow the county to conduct delinquent property tax auctions independently rather than relying on the state, which could retain approximately $1 million annually in penalties and interest revenue within the county. The proposal also aims to address issues with vacant and dilapidated properties by potentially facilitating their rehabilitation or repurposing. The board approved the proposed quarterly investment strategy, which includes adjusting the core portfolio range downward to reflect current fiscal realities. Additionally, the county is exploring expanding deposit programs with local credit unions to support community lending. No new contracts or vendor selections were reported, but the legislative initiative and investment strategy decisions could influence future procurement and financial management activities.