Village government · Sandoval County, NM

Corrales's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Corrales took in $8.3 million and spent $10.4 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Village taxes89%State tax money8.5%Fines and other1.3%Fees for services (sewer)1.1%

What stands out

64%

of Corrales' money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes89%

Sales tax
64%$5.3 million
Property tax
25%$2.0 million
Other taxes
1.1%$89 thousand
What's in other taxesMotor vehicle licenses; amusement licenses and 2 more
  • Motor vehicle licenses$73 thousand
  • Amusement licenses$11 thousand
  • Public utility taxes$4 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services1.1%

Fees for services
1.1%$88 thousand
What's in fees for servicesSewer
  • Sewer$88 thousand

Amounts are by Census type of charge.

State tax money8.5%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
8.5%$709 thousand

Fines and other1.3%

Fines
0.7%$58 thousand
Interest, rents and other
0.6%$52 thousand

Where it goes

Running the government and other costs45%Police, fire, courts and jails30%Roads, transit and parking13%Parks, recreation and libraries9.3%Interest on debt1.1%Water, sewer, trash and utilities0.4%

What stands out

30%

of Corrales' spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Running the government and other costs
45%$4.7 million
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 2 more
  • Government buildings$3.4 million
  • Finance, tax collection and budgeting$1.1 million
  • Other and not broken out$250 thousand
  • Central staff services (personnel, purchasing, technology)$40 thousand
Police, fire, courts and jails
30%$3.2 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.4 million
  • Fire protection$1.2 million
  • Inspections and regulation$389 thousand
  • Courts and legal services$174 thousand
Roads, transit and parking
13%$1.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.4 million
Parks, recreation and libraries
9.3%$965 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$542 thousand
  • Parks and recreation$423 thousand
Interest on debt
1.1%$111 thousand
Water, sewer, trash and utilities
0.4%$42 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$42 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Corrales. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Village of Corrales 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.