Sandoval County's financial outlook remains robust despite a recent dip in construction revenue, as highlighted in the Board of Finance meeting on August 13, 2025. The county reported a decrease of nearly $3 million compared to previous years, primarily attributed to a slowdown in intel construction projects. However, officials noted that the county's overall financial health is stable, with a current debt standing at $86.6 million following the payoff of an old landfill loan.

Treasurer Holly Aguilar shared that since January 2025, Sandoval County has earned over $1.6 million in interest from its accounts, reflecting a solid interest rate of 3.75%. The county's investment strategy appears sound, with $60.6 million currently invested at Zions and in Local Government Investment Pools (LGIPs). Aguilar also mentioned the recent liquidation of $6 million in American Rescue Plan Act (ARPA) funds, which have been fully allocated and are now being distributed.

Frank McDonnell from GPA provided a detailed quarterly investment report, emphasizing the county's compliance with investment policies and the overall market performance. He noted that the total market value of the county's investment portfolio stands at approximately $105.7 million, with a book yield of 3.93%. Despite a decrease in overall portfolio value from $119 million to $100 million over the past year, the county's financial strategies are designed to adapt to market fluctuations.

The meeting underscored the county's commitment to maintaining fiscal responsibility while navigating economic challenges, with officials optimistic about future financial stability and growth.