|
|
HOME | CONTACT US | HISTORY | PROJECT FORMS
|
|
|

______VILLAGE OF CLOUDCROFT_____
2005 /2006 FINANCIAL PROFILE
**POPULATION: 1990: 636 - 2000: 749 + 113 or +17.8 %
**GROSS RECEIPTS TAX DISTRIBUTED |
$ 1,200,507.00 |
**SMALL CITIES ASSISTANCE |
$ 35,000.00 |
**LODGERS TAX RATE |
$ 119,108.00 |
**Cigarette Tax |
$ 2,664.61 |
**State Fire Allotment |
$ 102,778.00 |
**State Law Enforcement |
$ 21,800.00 |
**GASOLINE TAX 1 CENT DISTRIBUTED |
$ 9,052.29 |
|
|
**MUNICIPAL PROPERTY TAX |
|
RATE |
2.225 |
REMAINING AUTHORITY |
5.425 |
REMAINING PROPERTY TAX REVENUE |
$ 175,128.00 |
|
|
**GENERAL FUND REVENUE |
|
ACTUAL |
$ 733,798.00 |
BUDGET |
$ 754,502.00 |
|
|
**GENERAL FUND DISBURSEMENTS |
|
ACTUAL |
$ 666,832.00 |
BUDGET |
$ 698,771.00 |
**GENERAL FUND RESESRVE |
$ 28,196.93 |
**MUNICIPAL CASH BALANCE |
$ 1,200,507.00 |
|
|
**MUNICIPAL G. O. BOND CAPACITY: |
|
#Net Taxable Value |
$ 32,281,733.00 |
#Bonding Capacity |
$ 1,291,269.00 |
#Less G.O. Bonds Outstanding |
$ -0- |
#Net Bonding Capacity |
$ 1,291,269.00 |
|
|
**SCHEDULE OF OUTSTANDING DEBT |
|
# G. O. BONDS |
$ -0- |
#REVENUE BONDS |
$ |
GRT |
$ -0- |
UTILITY |
$ 78,000.00 |
OTHER |
$ -0- |
**LOCAL OPTION TAX RATE AVAILABLE AS OF 1/1/2007
0.25 % MGRT; 0.125 % MIGRT; 0.25 % MCO; 0.0625 % ENV.
VILLAGE RATE: 1.5625 % TOTAL RATE : 7.0000 %
SOURCE: *Bureau of Business & Economic Research , UNM
**N. M. Tax & Rev. Dept. & N. M. DFA. As of 6/30/2006
|
|
|
| |
|
|
|