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______CITY OF EUNICE_____  

2005/2006  FINANCIAL PROFILE

*POPULATION:   1990:     3,014             -    2000:    2.562 -  452  or   -4.3%               

**GROSS RECEIPTS TAX  DISTRIBUTED	$      2,314,250.00
**SMALL CITIES ASSISTANCE	$           35,000.00
**LODGERS TAX RATE	$                 -0-
**Cigarette Tax	$             5,115.36
**State Fire Allotment	$           51,389.00
**State Law Enforcement	$           23,000.00
**GASOLINE TAX 1 CENT DISTRIBUTED	$           10,186.43
**MUNICIPAL PROPERTY TAX
RATE	7.650
REMAINING AUTHORITY	0.000
REMAINING PROPERTY TAX REVENUE	$                  -0-
**GENERAL FUND REVENUE
ACTUAL	$       2,887,248.00
BUDGET	$       6,943,243.00
**GENERAL FUND DISBURSEMENTS
ACTUAL	$       2,037,152.00
BUDGET	$       3,023,034.00
**GENERAL FUND RESESRVE	$       2,570,582.00
**MUNICIPAL CASH BALANCE	$     14,461,325.00
**MUNICIPAL  G. O. BOND CAPACITY:
#Net  Taxable Value	$     22,871,446.00
#Bonding Capacity	$          914,858.00
#Less G.O. Bonds Outstanding	$                -0-
#Net Bonding Capacity	$          914,858.00
**SCHEDULE OF OUTSTANDING DEBT
# G. O. BONDS	$             -0-
#REVENUE BONDS	$
GRT	$             -0-
UTILITY	$             -0-
OTHER	$          250,000.00  Ambulances

**LOCAL OPTION TAX RATE AVAILABLE AS OF       1/1/2007
         0.25   %   MGRT;     0.125    %   MIGRT;     0.25     % MCO;   0.0625   %   ENV.
     CITY RATE:    1.4375     %     TOTAL RATE:     6.6875     %

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