Village government · Sandoval County, NM

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

In the latest recorded fiscal year (ended June 30, 2022), Cuba took in $2.5 million and spent $2.4 million.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

State tax money52%Village taxes22%Fees for services (sewer, water)22%Federal tax money4.6%

What stands out

52%

of Cuba's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Village taxes22%

Sales tax
10%$256 thousand
Other taxes
7.9%$198 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$150 thousand
  • Public utility taxes$48 thousand

Amounts are by Census tax category.

Property tax
4.0%$99 thousand

Fees for services22%

Fees for services
22%$544 thousand
What's in fees for servicesSewer; water and 3 more
  • Sewer$193 thousand
  • Water$183 thousand
  • Other service charges$77 thousand
  • Housing$74 thousand
  • Parks and recreation$17 thousand

Amounts are by Census type of charge.

Federal tax money4.6%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
4.6%$115 thousand

State tax money52%

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

From the state
52%$1.3 million

Fines and other<0.1%

Interest, rents and other
<0.1%$1 thousand

Where it goes

Police, fire, courts and jails34%Running the government and other costs27%Water, sewer, trash and utilities19%Parks, recreation and libraries10%Housing and community development6.7%All other spending3.7%

What stands out

34%

of Cuba's 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%

Police, fire, courts and jails
34%$825 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$517 thousand
  • Fire protection$293 thousand
  • Prisons and jails$15 thousand
Running the government and other costs
27%$653 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$572 thousand
  • Other and not broken out$81 thousand
Water, sewer, trash and utilities
19%$448 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$264 thousand
  • Water supply$184 thousand
Parks, recreation and libraries
10%$241 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$202 thousand
  • Libraries$39 thousand
Housing and community development
6.7%$161 thousand
Roads, transit and parking
2.6%$64 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$64 thousand
Health and hospitals
0.7%$18 thousand
What's in health and hospitalsPublic health
  • Public health$18 thousand
Interest on debt
0.3%$7 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Cuba. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Cuba 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.