Town government · Chaves County, NM

Lake Arthur's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lake Arthur took in $2.2 million and spent $994 thousand.

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 money81%Fees for services (water, garbage collection)9.9%Town taxes8.7%Federal tax money0.7%

What stands out

81%

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

Town taxes8.7%

Sales tax
7.8%$173 thousand
Other taxes
0.6%$13 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$13 thousand

Amounts are by Census tax category.

Property tax
0.3%$6 thousand

Fees for services9.9%

Fees for services
9.9%$219 thousand
What's in fees for servicesWater; garbage collection and 4 more
  • Water$122 thousand
  • Garbage collection$62 thousand
  • Sewer$21 thousand
  • Other service charges$8 thousand
  • Other government-run businesses$5 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government
0.7%$16 thousand

State tax money81%

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

From the state
81%$1.8 million

Fines and other<0.1%

Fines
<0.1%$1 thousand

Where it goes

Running the government and other costs55%Water, sewer, trash and utilities32%Police, fire, courts and jails11%Interest on debt1.6%

What stands out

55%

of Lake Arthur's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
55%$551 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$393 thousand
  • Central staff services (personnel, purchasing, technology)$145 thousand
  • Finance, tax collection and budgeting$13 thousand
Water, sewer, trash and utilities
32%$317 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$219 thousand
  • Garbage and solid waste$64 thousand
  • Sewer systems$34 thousand
Police, fire, courts and jails
11%$110 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$78 thousand
  • Police$24 thousand
  • Courts and legal services$8 thousand
Interest on debt
1.6%$16 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$15 thousand
  • Interest on water supply debt$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Lake Arthur. 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 Lake Arthur 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.