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_______OTERO COUNTY_________

2005 /2006 FINANCIAL PROFILE

*POPULATION:  2000:    62,553        -            2005:     64,851                        
***Balance of County:

*SQUARE MILES:            6,527                          *COUNTY ROAD MILES MAINTAINED
                                                                        MILES:         1,396,600            PERCENT:  4.6486%

**COUNTY GROSS RECEIPTS DIST

$    3,519,649.83

**Lodgers Tax Receipts

$              -0-

#**PILT Receipts           

$       1,890,593.00

OIL & GAS revenues           (ad valorem)

$          405,012.09

*Cigarette Tax

$              1,394.56

*State Fire Allotment (Fire Marshall)

$       1,004,517.00 

*State Law Enforcement (DFA)

$            48,600.00

*Indigent Tax (County GR)          

$

 

 

**PROPERTY TAX

 

           REVENUE                                           

$   708,725,502.00

            RATE

                  11.850

            REMAINING AUTHORITY   

                    0.000      

            REMAINING REVENUE

$                 -0-

 

 

**GENERAL FUND REVENUE                     

 

             ACTUAL

$      9,481,162.00

             BUDGET              

$    10,357,293.00

**GENERAL FUND DISBURSEMENTS

 

           ACTUAL

$       10,062,112.00

           BUDGET

$         7,247,205.00

**GENERAL FUND RESESRVE

$         5,177,493.00

**COUNTY CASH BALANCE           

$         6,768,925.00

 

 

**SCHEDULE OF OUTSTANDING DEBT

 

# G. O. BONDS

$         2,300,000.00   

#REVENUE BONDS

$                 -0-

GRT

$                 -0-

 

 

**COUNTY G. O. BOND CAPACITY                       

 

   #NET TAXABLE VALUE

$       708,724,502.00

   #BONDING CAPACITY

$         28,348,980.00

   #LESS G.O. BOND DEBT

$           2,300,000.00

   #NET BONDING CAPACITY

$         26,048,980.00

**GASOLINE TAX DISTRIBUTION         2006               
GEN. FUND 2 CENT      ROAD FUND 1 CENT            TOTAL
        $    15,662.00                    $   173,256.93                  $              405,012.09

**LOCAL OPTION TAX RATE AVAILABLE AS OF     01 /01   /2007      
    0.0625  %   CIGRT;   0.0625  %    CIGRT;          0.0625  %    CCOGRT     0.125   %    C/HOS;         
    0.125    %   L/HOS;   0.25      %     HOS/EMG;   0.0625   %    JAIL;            0.125   %    ENV;      0.25 %   FIRE
    CURRENT RATE, COUNTY      0.3750   %          TOTAL RATE          5.3750    %

***Balance of County:   # of people not living in incorporated municipalities.
 #*PILT:  Payment in Lieu of Taxes.  Payments on Federal Lands owned and or managed within the County not on local tax rolls.
SOURCE:  *Bureau of Business and Economic Research, UNM.
** N. M. Tax & Rev.Dept. & N. M. DFA.      # As of       06/30 /2006