Town government · Torrance County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Estancia took in $3.4 million and spent $3.0 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Town taxes48%State tax money24%Fees for services (water, garbage collection)21%Federal tax money4.7%Fines and other2.2%

What stands out

48%

of Estancia's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Town taxes48%

Property tax
48%$1.6 million
Other taxes
0.3%$10 thousand
What's in other taxesOther licenses
  • Other licenses$10 thousand

Amounts are by Census tax category.

Fees for services21%

Fees for services
21%$723 thousand
What's in fees for servicesWater; garbage collection and 2 more
  • Water$238 thousand
  • Garbage collection$194 thousand
  • Sewer$154 thousand
  • Other service charges$137 thousand

Amounts are by Census type of charge.

Federal tax money4.7%

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

From the federal government
4.7%$163 thousand

State tax money24%

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

From the state
24%$834 thousand

Fines and other2.2%

Interest, rents and other
2.2%$75 thousand

Where it goes

Police, fire, courts and jails29%Running the government and other costs25%Water, sewer, trash and utilities20%Parks, recreation and libraries15%Roads, transit and parking12%

What stands out

15%

of Estancia's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Police, fire, courts and jails
29%$870 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$442 thousand
  • Fire protection$296 thousand
  • Courts and legal services$132 thousand
Running the government and other costs
25%$764 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$364 thousand
  • Finance, tax collection and budgeting$200 thousand
  • Central staff services (personnel, purchasing, technology)$200 thousand
Water, sewer, trash and utilities
20%$594 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$223 thousand
  • Garbage and solid waste$219 thousand
  • Sewer systems$152 thousand
Parks, recreation and libraries
15%$449 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$449 thousand
Roads, transit and parking
12%$369 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$369 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Estancia. 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 Town of Estancia 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.