RIO RANCHO — The city of Rio Rancho unveiled its recommended $452 million budget for 2027 and a $940 million infrastructure plan for the next four years.
City Manager Matt Geisel released the proposed budget and project priorities to Mayor Gregg Hull and the six-member Rio Rancho Governing Body on April 15 before presenting during a work session Thursday. Hull has until April 25 to review both documents and submit written comments.
The review of the proposed budgetary plans comes as the city prepares for a change in leadership with the April 30 swearing-in of District 4 Councilor Paul Wymer as Rio Rancho’s first new mayor in 12 years. Wymer’s first order of business will include overseeing a budget hearing on his first full day as mayor on May 1.
Fiscal year 2027 budget proposal
The proposed budget includes $169.9 million from the general fund and $78.3 million from the utilities operating funds, according to Geisel’s letter from Hull to the council…