HOME | CONTACT US | HISTORY | PROJECT FORMS

______TOWN OF HAGERMAN____

2005/2006  FINANCIAL PROFILE

*POPULATION:   1990:     961              -    2000:    1,168  +  207  or   21.5%             

**GROSS RECEIPTS TAX  DISTRIBUTED	$         254,562.00
**SMALL CITIES ASSISTANCE	$         102,410.02
**LODGERS TAX RATE	$                 -0-
**Cigarette Tax	$             2,307.03
**State Fire Allotment	$           97.640.00
**State Law Enforcement	$           21,800.00
**GASOLINE TAX 1 CENT DISTRIBUTED	$             5,004.00
**MUNICIPAL PROPERTY TAX
RATE	2.225
REMAINING AUTHORITY	5.425
REMAINING PROPERTY TAX REVENUE	$           19,382.00
**GENERAL FUND REVENUE
ACTUAL	$          773,427.00
BUDGET	$          804,526.00
**GENERAL FUND DISBURSEMENTS
ACTUAL	$          695,997.00
BUDGET	$          775,064.00
**GENERAL FUND RESESRVE	$          309,485.00
**MUNICIPAL CASH BALANCE	$          404,530.00
**MUNICIPAL  G. O. BOND CAPACITY:
#Net  Taxable Value	$       3,572,681.00
#Bonding Capacity	$          142,907.00
#Less G.O. Bonds Outstanding	$                -0-
#Net Bonding Capacity	$          142,907.00
**SCHEDULE OF OUTSTANDING DEBT
# G. O. BONDS	$             -0-
#REVENUE BONDS	$
GRT	$             -0-
UTILITY	$          239,196.00
OTHER	$            40,958.00

**LOCAL OPTION TAX RATE AVAILABLE AS OF       1/1/2007
         0.25   %   MGRT;     0.125    %   MIGRT;     0.25     % MCO;   0.0625   %   ENV.
     TOWN RATE:    1.4375     %     TOTAL RATE:   7.0000        %

SOURCE: *Bureau of Business & Economic Research , UNM
**N. M. Tax & Rev. Dept. & N. M. DFA. As of 6/30/2006