The Sandoval County Board of Finance meeting on August 13, 2025, focused on key updates regarding the county's economic development and investment strategies. The meeting highlighted a significant financial transaction and introduced a new member to the Sandoval County Investment Committee.

During the meeting, officials discussed the county's investment portfolio, which is structured with a 30-70 liquidity and investment component. The portfolio has recently yielded higher returns due to shorter maturity investments, despite an anticipated flattening of yields in the coming months. The board noted a positive trend in overall fund balances and income, although expectations for future income may be slightly lower.

A notable financial decision was made on July 31, when approximately $2.1 million was withdrawn from the fund to invest in property, specifically for a project referred to as Project Ranger. This investment is set up as an internal loan, reflecting the county's ongoing commitment to economic development.

Additionally, the meeting announced the appointment of Councilman Vince Montoya from the town of Bernalillo to the Sandoval County Investment Committee, following the retirement of Christopher Daniel. Montoya's first meeting is scheduled for October 27, 2025, which has been rescheduled from its original date.

Overall, the meeting underscored the county's proactive approach to managing its finances and investments, with a focus on fostering economic growth and community involvement.