RIO RANCHO — The Rio Rancho Governing Body approved a $2.15 million surplus Thursday as part of a package of budget amendments.
The six-member council unanimously adopted a resolution to make the amendments, which came in response to Rio Rancho City Manager Matt Geisel instructing staff to review the 2026 budget based on factors including “changing economic conditions (and) unforeseen events,” according a copy of the measure.
Don Martinez, the city’s deputy director of financial services, told councilors who inquired about the surplus that the city uses “conservative budget practices” and vets expenditure requests in-depth before bringing recommendations to the city manager…