City government · Lea County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Hobbs took in $141 million and spent $128 million.

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

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Where it comes from

City taxes50%Fines and other25%Fees for services (water, sewer)21%State tax money2.8%Federal tax money1.3%County and local tax money0.6%

What stands out

45%

of Hobbs' money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes50%

Sales tax
45%$63.7 million
Property tax
3.3%$4.6 million
Other taxes
1.4%$1.9 million
What's in other taxesPublic utility taxes; motor vehicle licenses and 2 more
  • Public utility taxes$1.3 million
  • Motor vehicle licenses$589 thousand
  • Occupation and business licenses$69 thousand
  • Alcoholic beverage licenses$12 thousand

Amounts are by Census tax category.

Fees for services21%

Fees for services
21%$29.1 million
What's in fees for servicesWater; sewer and 3 more
  • Water$8.9 million
  • Sewer$8.9 million
  • Garbage collection$8.7 million
  • Parks and recreation$2.4 million
  • Other government-run businesses$268 thousand

Amounts are by Census type of charge.

Federal tax money1.3%

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

From the federal government
1.3%$1.8 million

State tax money2.8%

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

From the state
2.8%$4.0 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$828 thousand

Fines and other25%

Interest, rents and other
22%$31.0 million
Fines
2.9%$4.1 million

Where it goes

Police, fire, courts and jails33%Water, sewer, trash and utilities19%Running the government and other costs17%Parks, recreation and libraries14%Health and hospitals12%All other spending6.6%

What stands out

12%

of Hobbs' spending goes to health services and hospitals.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
33%$41.9 million
What's in police, fire, courts and jailsPolice; fire protection and 3 more
  • Police$23.7 million
  • Fire protection$14.4 million
  • Courts and legal services$1.7 million
  • Prisons and jails$1.6 million
  • Inspections and regulation$424 thousand
Water, sewer, trash and utilities
19%$23.8 million
What's in water, sewer, trash and utilitiesGarbage and solid waste; water supply and 1 more
  • Garbage and solid waste$10.1 million
  • Water supply$8.2 million
  • Sewer systems$5.5 million
Running the government and other costs
17%$21.2 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$13.0 million
  • Central staff services (personnel, purchasing, technology)$3.5 million
  • Government buildings$2.3 million
  • Finance, tax collection and budgeting$1.6 million
  • Other government-run businesses$749 thousand
Parks, recreation and libraries
14%$17.6 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$16.1 million
  • Libraries$1.5 million
Health and hospitals
12%$15.3 million
What's in health and hospitalsPublic health
  • Public health$15.3 million
Roads, transit and parking
5.5%$7.1 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$5.9 million
  • Public transit$1.2 million
Social services
0.7%$927 thousand
What's in social servicesOther public welfare
  • Other public welfare$927 thousand
Interest on debt
0.3%$341 thousand
Sent to other local governments
0.1%$145 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$145 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hobbs. 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 City of Hobbs 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.