City government · Bernalillo County, NM
Albuquerque's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Albuquerque took in $1.33 billion and spent $1.34 billion.
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Where it comes from
What stands out
of Albuquerque's money comes from sales tax.A typical U.S. city of 50,000+ people gets 7.8%.
City taxes40%
What's in other taxesOccupation and business licenses; other selective sales taxes and 1 more
- Occupation and business licenses$32.1 million
- Other selective sales taxes$23.0 million
- Other licenses$13.8 million
Amounts are by Census tax category.
Fees for services37%
What's in fees for servicesWater; garbage collection and 8 more
- Water$158 million
- Garbage collection$89.0 million
- Sewer$82.4 million
- Airport$81.2 million
- Other service charges$48.0 million
- Parks and recreation$15.1 million
- Transit fares$8.2 million
- Parking$5.5 million
- Road charges$5.4 million
- Housing$5.0 million
Amounts are by Census type of charge.
Federal tax money5.3%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money7.4%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.5%
Money passed on by the county or other local governments.
Fines and other9.4%
Where it goes
What stands out
of Albuquerque's spending goes to social services.Most U.S. cities of 50,000+ people spend nothing on this.
Spending by category100%
What's in police, fire, courts and jailsPolice; fire protection and 1 more
- Police$255 million
- Fire protection$121 million
- Courts and legal services$7.5 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
- Water supply$170 million
- Garbage and solid waste$97.2 million
- Sewer systems$49.0 million
What's in roads, transit and parkingPublic transit; airports and 2 more
- Public transit$76.6 million
- Airports$69.3 million
- Roads and highways$18.8 million
- Parking$7.3 million
What's in parks, recreation and librariesParks and recreation and libraries
- Parks and recreation$116 million
- Libraries$14.5 million
What's in social servicesOther public welfare
- Other public welfare$126 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
- Central staff services (personnel, purchasing, technology)$28.4 million
- Other and not broken out$27.1 million
- Finance, tax collection and budgeting$11.9 million
What's in sent to other local governmentsSent to the state government and sent to local governments: other and not broken out
- Sent to the state government$51.9 million
- Sent to local governments: other and not broken out$289 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
- Interest on general debt$32.5 million
- Interest on water supply debt$12.0 million
What's in health and hospitalsPublic health
- Public health$37.6 million
Sources and moreWhere these numbers come from and what they cover
City of Albuquerque. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.
What this covers. The money of City of Albuquerque itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.