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HOME | CONTACT US | HISTORY | PROJECT FORMS
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__TOWN OF LAKE ARTHUR___
2005/2006 FINANCIAL PROFILE
*POPULATION: 1990: 336 - 2000: 432 + 96 or 8.6%
**GROSS RECEIPTS TAX DISTRIBUTED |
$ 28,393.00 |
**SMALL CITIES ASSISTANCE |
$ 102,410.02 |
**LODGERS TAX RATE |
$ -0- |
**Cigarette Tax |
$ -0- |
**State Fire Allotment |
$ 45,402.00 |
**State Law Enforcement |
$ 21,200.00 |
**GASOLINE TAX 1 CENT DISTRIBUTED |
$ 5,004.00 |
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**MUNICIPAL PROPERTY TAX |
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RATE |
2.225 |
REMAINING AUTHORITY |
5.425 |
REMAINING PROPERTY TAX REVENUE |
$ 6,030.00 |
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**GENERAL FUND REVENUE |
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ACTUAL |
$ 252,361.00 |
BUDGET |
$ 252,361.00 |
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**GENERAL FUND DISBURSEMENTS |
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ACTUAL |
$ 326,276.00 |
BUDGET |
$ 326,276.00 |
**GENERAL FUND RESESRVE |
$ 44,327.00 |
**MUNICIPAL CASH BALANCE |
$ 22,507.00 |
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**MUNICIPAL G. O. BOND CAPACITY: |
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#Net Taxable Value |
$ 1,111,527.00 |
#Bonding Capacity |
$ 44,461.00 |
#Less G.O. Bonds Outstanding |
$ -0- |
#Net Bonding Capacity |
$ 44,461.00 |
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**SCHEDULE OF OUTSTANDING DEBT |
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# G. O. BONDS |
$ -0- |
#REVENUE BONDS |
$ |
GRT |
$ -0- |
UTILITY |
$ -0- |
OTHER |
$ -0- |
**LOCAL OPTION TAX RATE AVAILABLE AS OF 1/1/2007
0.25 % MGRT; 0.125 % MIGRT; 0.25 % MCO; 0.0625 % ENV.
TOWN RATE: 0.7500 % TOTAL RATE: 6.3125 %
SOURCE: *Bureau of Business & Economic Research , UNM
**N. M. Tax & Rev. Dept. & N. M. DFA. As of 6/30/2006
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