Village government · Lincoln County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Ruidoso took in $70.7 million and spent $80.2 million.

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

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Where it comes from

Village taxes35%State tax money29%Fees for services (sewer, water)21%Federal tax money9.9%Fines and other4.9%County and local tax money<0.1%

What stands out

23%

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

Village taxes35%

Sales tax
23%$16.3 million
Other taxes
6.4%$4.5 million
What's in other taxesOther selective sales taxes; public utility taxes and 3 more
  • Other selective sales taxes$3.0 million
  • Public utility taxes$915 thousand
  • Other licenses$537 thousand
  • Occupation and business licenses$63 thousand
  • Alcoholic beverage licenses$8 thousand

Amounts are by Census tax category.

Property tax
5.8%$4.1 million

Fees for services21%

Fees for services
21%$15.0 million
What's in fees for servicesSewer; water and 5 more
  • Sewer$5.6 million
  • Water$4.2 million
  • Garbage collection$2.7 million
  • Airport$1.5 million
  • Parks and recreation$876 thousand
  • Other service charges$65 thousand
  • Road charges$43 thousand

Amounts are by Census type of charge.

Federal tax money9.9%

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

From the federal government
9.9%$7.0 million

State tax money29%

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

From the state
29%$20.3 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$47 thousand

Fines and other4.9%

Interest, rents and other
4.6%$3.3 million
Fines
0.2%$160 thousand

Where it goes

Water, sewer, trash and utilities34%Running the government and other costs19%Police, fire, courts and jails17%Roads, transit and parking15%Parks, recreation and libraries12%All other spending3.0%

What stands out

12%

of Ruidoso'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%

Water, sewer, trash and utilities
34%$26.9 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$18.3 million
  • Sewer systems$4.4 million
  • Garbage and solid waste$4.1 million
Running the government and other costs
19%$15.4 million
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$8.5 million
  • Central staff services (personnel, purchasing, technology)$3.9 million
  • Finance, tax collection and budgeting$3.0 million
Police, fire, courts and jails
17%$13.6 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$8.2 million
  • Fire protection$5.1 million
  • Courts and legal services$277 thousand
Roads, transit and parking
15%$12.3 million
What's in roads, transit and parkingAirports and roads and highways
  • Airports$9.5 million
  • Roads and highways$2.8 million
Parks, recreation and libraries
12%$9.6 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$8.8 million
  • Libraries$755 thousand
Interest on debt
1.5%$1.2 million
Environment and natural resources
0.8%$645 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$645 thousand
Social services
0.7%$522 thousand
What's in social servicesOther public welfare
  • Other public welfare$522 thousand
Housing and community development
<0.1%$39 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Ruidoso. 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 Ruidoso 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.