09 04 2026 Eddy County Special Commission Meeting

The Eddy County Special Commission Meeting held on September 4, 2026, focused primarily on reviewing and approving the county's 2026 tax rates as provided by the New Mexico Department of Finance. The discussion highlighted that most tax rates had slightly decreased, with particular attention to the oil and gas production and equipment tax rate in the 16N non-residential district, which showed no tax rate this year due to no taxable value reported. Commissioners emphasized that Eddy County does not set these rates but receives them from the state, and noted that the county's tax rates have remained stable for over 30 years. The oil and gas sector was noted as a significant contributor, representing 74% of the county's tax base. The commission voted unanimously to approve the tax rates as presented.