Village government · Colfax County, NM

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

In the latest recorded fiscal year (ended June 30, 2022), Maxwell took in $280 thousand and spent $560 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (water, housing)48%Federal tax money34%Village taxes8.9%Fines and other6.8%State tax money1.8%

What stands out

34%

of Maxwell's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes8.9%

Property tax
8.9%$25 thousand

Fees for services48%

Fees for services
48%$135 thousand
What's in fees for servicesWater and housing
  • Water$91 thousand
  • Housing$44 thousand

Amounts are by Census type of charge.

Federal tax money34%

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

From the federal government
34%$96 thousand

State tax money1.8%

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

From the state
1.8%$5 thousand

Fines and other6.8%

Interest, rents and other
6.8%$19 thousand

Where it goes

Running the government and other costs46%Housing and community development27%Water, sewer, trash and utilities23%Police, fire, courts and jails4.5%

What stands out

27%

of Maxwell's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
46%$255 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$255 thousand
Housing and community development
27%$149 thousand
Water, sewer, trash and utilities
23%$131 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$98 thousand
  • Garbage and solid waste$33 thousand
Police, fire, courts and jails
4.5%$25 thousand
What's in police, fire, courts and jailsPolice
  • Police$25 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Maxwell. 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 Maxwell 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.