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_CITY OF RUIDOSO DOWNS__

2005 /2006  FINANCIAL PROFILE

*POPULATION:   1990:       920     -    2000:   1,824      +      904   or   +   98.3 %    

**GROSS RECEIPTS TAX  DISTRIBUTED	$    2,681,140.00
**SMALL CITIES ASSISTANCE	$          35,000.00
**LODGERS TAX	$        115,838.00
**Cigarette Tax	$            3,234.13
**State Fire Allotment	$          43,682.00
**State Law Enforcement	$          25,400.00
**GASOLINE TAX 1 CENT DISTRIBUTED	$          18,081.15
**MUNICIPAL PROPERTY TAX
RATE	7.650
REMAINING AUTHORITY	0.000
REMAINING PROPERTY TAX REVENUE	$               -0-
**GENERAL FUND REVENUE
ACTUAL	$       2,943,272.57
BUDGET	$       2,943,271.00
**GENERAL FUND DISBURSEMENTS
ACTUAL	$       3,366,761.02
BUDGET	$       3,390,752.53
**GENERAL FUND RESESRVE	$          280,563.42
**MUNICIPAL CASH BALANCE	$       2,577,685.00
**MUNICIPAL  G. O. BOND CAPACITY:
#Net  Taxable Value	$     35,505,575.00
#Bonding Capacity	$       1,420,223.00
#Less G.O. Bonds Outstanding	$                -0-
#Net Bonding Capacity	$       1,420,223.00
**SCHEDULE OF OUTSTANDING DEBT
# 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.
         CITY RATE:   1.5625    %     TOTAL RATE:    6.8125     %

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