HOME | CONTACT US | HISTORY | PROJECT FORMS

___CITY OF ALAMOGORDO___

2005 /2006  FINANCIAL PROFILE

*POPULATION:   1990:   27,596      -    2000:      35,582     +  7,986 or  28.9%             

**GROSS RECEIPTS TAX  DISTRIBUTED	$    17,320,215.00
**SMALL CITIES ASSISTANCE	$              -0-
**LODGERS TAX RATE 5% RECEIPTS	$         348,701.00
**Cigarette Tax	$           54,411.98
**State Fire Allotment	$         264,657.00
**State Law Enforcement	$           66,000.00
**GASOLINE TAX 1 CENT DISTRIBUTED	$         207,690.53
**MUNICIPAL PROPERTY TAX
RATE	7.064
REMAINING AUTHORITY	0.586
REMAINING PROPERTY TAX REVENUE	$         211,090.00
**GENERAL FUND REVENUE
ACTUAL	$     14,934,492.00
BUDGET	$     14,886,166.00
**GENERAL FUND DISBURSEMENTS
ACTUAL	$       8,581,306.80
BUDGET	$       9,149,442.00
**GENERAL FUND RESESRVE	$          461,563.63
**MUNICIPAL CASH BALANCE	$     29,454,824.00
**MUNICIPAL  G. O. BOND CAPACITY:
#Net  Taxable Value	$   360,221,664.00
#Bonding Capacity	$     14,408,867.00
#Less G.O. Bonds Outstanding	$       4,010,000.00
#Net Bonding Capacity	$     10,398,867.00
**SCHEDULE OF OUTSTANDING DEBT
# G. O. BONDS	$       4,010,000.00
#REVENUE BONDS	$
GRT	$     15,585,000.00
UTILITY	$       9,790,000.00
OTHER	$   211,678,362.00

**LOCAL OPTION TAX RATE AVAILABLE AS OF       1/1/2007
         0.25   %   MGRT;     0.125    %   MIGRT;     0.25     % MCO;   0.0625   %   ENV.
     CITY RATE:     1.8125    %     TOTAL RATE:     7.2500   %

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