Village government · Bernalillo County, NM

Los Ranchos De Albuquerque's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Los Ranchos De Albuquerque took in $8.6 million and spent $6.0 million.

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

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Where it comes from

Village taxes60%State tax money31%Fines and other8.9%

What stands out

51%

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

Village taxes60%

Sales tax
51%$4.4 million
Other taxes
4.6%$393 thousand
What's in other taxesOther taxes not classified elsewhere and other selective sales taxes
  • Other taxes not classified elsewhere$366 thousand
  • Other selective sales taxes$27 thousand

Amounts are by Census tax category.

Property tax
3.8%$327 thousand

State tax money31%

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

From the state
31%$2.7 million

Fines and other8.9%

Interest, rents and other
8.9%$767 thousand

Where it goes

Roads, transit and parking33%Running the government and other costs32%Parks, recreation and libraries25%Police, fire, courts and jails8.7%Interest on debt1.1%Health and hospitals0.1%

What stands out

25%

of Los Ranchos De Albuquerque'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%

Roads, transit and parking
33%$1.9 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.9 million
Running the government and other costs
32%$1.9 million
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)$1.6 million
  • Finance, tax collection and budgeting$187 thousand
  • Government buildings$133 thousand
Parks, recreation and libraries
25%$1.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.5 million
Police, fire, courts and jails
8.7%$522 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$481 thousand
  • Police$34 thousand
  • Courts and legal services$7 thousand
Interest on debt
1.1%$66 thousand
Health and hospitals
0.1%$8 thousand
What's in health and hospitalsPublic health
  • Public health$8 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Los Ranchos De Albuquerque. 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 Village of Los Ranchos De Albuquerque 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.