Village government · Eddy County, NM

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

In the latest recorded fiscal year (ended June 30, 2022), Hope took in $716 thousand and spent $406 thousand.

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 money78%Fees for services (water, sewer)7.7%Village taxes7.5%County and local tax money6.1%Fines and other0.7%

What stands out

78%

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

Village taxes7.5%

Property tax
4.6%$33 thousand
Sales tax
2.9%$21 thousand

Fees for services7.7%

Fees for services
7.7%$55 thousand
What's in fees for servicesOther service charges; water and 1 more
  • Other service charges$29 thousand
  • Water$25 thousand
  • Sewer$1 thousand

Amounts are by Census type of charge.

State tax money78%

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

From the state
78%$558 thousand

County and local tax money6.1%

Money passed on by the county or other local governments.

From the county and other local governments
6.1%$44 thousand

Fines and other0.7%

Interest, rents and other
0.7%$5 thousand

Where it goes

Police, fire, courts and jails45%Running the government and other costs29%Roads, transit and parking21%Water, sewer, trash and utilities3.9%Interest on debt0.2%

What stands out

45%

of Hope'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%$184 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$110 thousand
  • Police$58 thousand
  • Courts and legal services$16 thousand
Running the government and other costs
29%$119 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$59 thousand
  • Finance, tax collection and budgeting$40 thousand
  • Other and not broken out$20 thousand
Roads, transit and parking
21%$86 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$86 thousand
Water, sewer, trash and utilities
3.9%$16 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$16 thousand
Interest on debt
0.2%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Hope. 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 Hope 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.