Town government · Santa Fe County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Edgewood took in $16.0 million and spent $7.0 million.

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

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Where it comes from

State tax money48%Town taxes47%Fines and other4.0%Fees for services (sewer)0.3%

What stands out

40%

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

Town taxes47%

Sales tax
40%$6.4 million
Property tax
6.2%$989 thousand
Other taxes
0.8%$122 thousand
What's in other taxesOther taxes not classified elsewhere; occupation and business licenses and 2 more
  • Other taxes not classified elsewhere$67 thousand
  • Occupation and business licenses$29 thousand
  • Motor vehicle licenses$23 thousand
  • Public utility taxes$3 thousand

Amounts are by Census tax category.

Fees for services0.3%

Fees for services
0.3%$54 thousand
What's in fees for servicesSewer
  • Sewer$54 thousand

Amounts are by Census type of charge.

State tax money48%

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

From the state
48%$7.7 million

Fines and other4.0%

Interest, rents and other
2.7%$430 thousand
Fines
1.3%$215 thousand

Where it goes

Police, fire, courts and jails45%Running the government and other costs29%Roads, transit and parking11%Water, sewer, trash and utilities6.8%Parks, recreation and libraries5.6%Interest on debt3.5%

What stands out

45%

of Edgewood'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
45%$3.2 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$2.4 million
  • Fire protection$563 thousand
  • Courts and legal services$172 thousand
Running the government and other costs
29%$2.0 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$976 thousand
  • Central staff services (personnel, purchasing, technology)$728 thousand
  • Government buildings$300 thousand
Roads, transit and parking
11%$739 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$739 thousand
Water, sewer, trash and utilities
6.8%$476 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$476 thousand
Parks, recreation and libraries
5.6%$393 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$290 thousand
  • Parks and recreation$103 thousand
Interest on debt
3.5%$246 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Edgewood. 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 Town of Edgewood 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.