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HOME | CONTACT US | HISTORY | PROJECT FORMS
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______TOWN OF TATUM______
2005 /2006 FINANCIAL PROFILE
*POPULATION: 1990: 768 - 2000: 683 - 85 or - 11.1 %
**GROSS RECEIPTS TAX DISTRIBUTED |
$ 411,348.00 |
**SMALL CITIES ASSISTANCE |
$ 35,000.00 |
**LODGERS TAX RATE |
$ -0- |
**Cigarette Tax |
$ 2,201.43 |
**State Fire Allotment |
$ 46,251.00 |
**State Law Enforcement |
$ 14,320.00 |
**GASOLINE TAX 1 CENT DISTRIBUTED |
$ 13,674.38 |
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**MUNICIPAL PROPERTY TAX |
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RATE |
4.225 |
REMAINING AUTHORITY |
3.425 |
REMAINING PROPERTY TAX REVENUE |
$ 10,855.00 |
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**GENERAL FUND REVENUE |
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ACTUAL |
$ 652,794.00 |
BUDGET |
$ 565,953.00 |
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**GENERAL FUND DISBURSEMENTS |
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ACTUAL |
$ 653,321.00 |
BUDGET |
$ 578,808.00 |
**GENERAL FUND RESESRVE |
$ 50,000.00 |
**MUNICIPAL CASH BALANCE |
$ 375,735.00 |
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**MUNICIPAL G. O. BOND CAPACITY: |
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#Net Taxable Value |
$ 3,169,328.00 |
#Bonding Capacity |
$ 126,773.00 |
#Less G.O. Bonds Outstanding |
$ -0- |
#Net Bonding Capacity |
$ 126,733.00 |
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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 : 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
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