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HOME | CONTACT US | HISTORY | PROJECT FORMS
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____VILLAGE OF RUIDOSO___
2005 /2006 FINANCIAL PROFILE
*POPULATION: 1990: 4,600 - 2000: 7,698 + 3,098 or + 67.3 %
**GROSS RECEIPTS TAX DISTRIBUTED |
$ 8,721,439.00 |
**SMALL CITIES ASSISTANCE |
$ 35,000.00 |
**LODGERS TAX |
$ 948,561.00 |
**Cigarette Tax |
$ 16,317.04 |
**State Fire Allotment |
$ 149,027.00 |
**State Law Enforcement |
$ 32,000.00 |
**GASOLINE TAX 1 CENT DISTRIBUTED |
$ 79,998.68 |
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**MUNICIPAL PROPERTY TAX |
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RATE |
6.368 |
REMAINING AUTHORITY |
1.282 |
REMAINING PROPERTY TAX REVENUE |
$ 417,576.00 |
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**GENERAL FUND REVENUE |
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ACTUAL |
$ 8,665,448.00 |
BUDGET |
$ 8,755,425.00 |
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**GENERAL FUND DISBURSEMENTS |
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ACTUAL |
$ 8,774,559.00 |
BUDGET |
$ 9,054,601.00 |
**GENERAL FUND RESESRVE |
$ 1,242,116.00 |
**MUNICIPAL CASH BALANCE |
$ 3,229,237.00 |
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**MUNICIPAL G. O. BOND CAPACITY: |
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#Net Taxable Value |
$ 325,722,222.00 |
#Bonding Capacity |
$ 13,028,869.00 |
#Less G.O. Bonds Outstanding |
$ -0- |
#Net Bonding Capacity |
$ 13,028,869.00 |
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**SCHEDULE OF OUTSTANDING DEBT |
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# G. O. BONDS |
$ -0- |
#REVENUE BONDS |
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GRT |
$ 8,200,000.00 |
UTILITY |
$ 500,000.00 |
OTHER |
$ 5,235,216.00 |
**LOCAL OPTION TAX RATE AVAILABLE AS OF 1/1/2007
0.25 % MGRT; 0.125 % MIGRT; 0.25 % MCO; 0.0625 % ENV.
VILLAGE RATE: 2.5625 % TOTAL RATE: 7.8125 %
SOURCE: *Bureau of Business & Economic Research , UNM
**N. M. Tax & Rev. Dept. & N. M. DFA. As of 6/30/2006
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