City government · Valencia County, NM

Rio Communities's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Rio Communities took in $3.3 million and spent $146 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 money87%City taxes11%Fines and other1.9%

What stands out

87%

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

City taxes11%

Sales tax
10%$343 thousand
Other taxes
0.5%$15 thousand
What's in other taxesOther licenses and occupation and business licenses
  • Other licenses$12 thousand
  • Occupation and business licenses$3 thousand

Amounts are by Census tax category.

State tax money87%

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

From the state
87%$2.9 million

Fines and other1.9%

Interest, rents and other
1.9%$63 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Running the government and other costs95%Roads, transit and parking2.7%Water, sewer, trash and utilities2.1%

Spending by category100%

Running the government and other costs
95%$139 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$61 thousand
  • Government buildings$45 thousand
  • Finance, tax collection and budgeting$33 thousand
Roads, transit and parking
2.7%$4 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4 thousand
Water, sewer, trash and utilities
2.1%$3 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Rio Communities. 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 City of Rio Communities 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.