County government · Eddy County, NM

Eddy County's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Eddy County took in $252 million and spent $39.0 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

County taxes58%State tax money42%Local tax money0.3%Fines and other0.2%

What stands out

43%

of Eddy County's money comes from sales tax.A typical U.S. county of 50,000 to 250,000 people gets 4.2%.

County taxes58%

Sales tax

43%$109 million

Property tax

14%$35.9 million

State tax money42%

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

From the state

42%$106 million

Local tax money0.3%

Money passed on by the county or other local governments.

From other local governments

0.3%$864 thousand

Fines and other0.2%

Interest, rents and other

0.2%$458 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Running the government and other costs57%Roads, transit and parking40%Police, fire, courts and jails2.2%Parks, recreation and libraries0.7%Interest on debt0.1%

Spending by category100%

Running the government and other costs

57%$22.2 million

What's in running the government and other costsOther and not broken out

Other and not broken out$22.2 million

Roads, transit and parking

40%$15.7 million

What's in roads, transit and parkingRoads and highways

Roads and highways$15.7 million

Police, fire, courts and jails

2.2%$839 thousand

What's in police, fire, courts and jailsPolice

Police$839 thousand

Parks, recreation and libraries

0.7%$278 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$278 thousand

Interest on debt

0.1%$42 thousand

Sources and moreWhere these numbers come from and what they cover

Eddy County. 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 Eddy County 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.