City government · Santa Fe County, NM

Santa Fe's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Santa Fe took in $281 million and spent $258 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes50%Fees for services (water, sewer)33%Federal tax money7.5%State tax money6.9%Fines and other2.5%

What stands out

37%

of Santa Fe's money comes from sales tax.A typical U.S. city of 50,000+ people gets 7.8%.

City taxes50%

Sales tax
37%$103 million
Other taxes
9.9%$27.8 million
What's in other taxesOther selective sales taxes
  • Other selective sales taxes$27.8 million

Amounts are by Census tax category.

Property tax
3.5%$9.9 million

Fees for services33%

Fees for services
33%$92.8 million
What's in fees for servicesWater; sewer and 7 more
  • Water$39.9 million
  • Sewer$17.9 million
  • Other service charges$15.2 million
  • Housing$8.3 million
  • Parking$4.4 million
  • Airport$2.4 million
  • Parks and recreation$1.9 million
  • Transit fares$1.5 million
  • Gas$1.4 million

Amounts are by Census type of charge.

Federal tax money7.5%

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

From the federal government
7.5%$20.9 million

State tax money6.9%

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

From the state
6.9%$19.3 million

Fines and other2.5%

Interest, rents and other
2.5%$7.1 million

Where it goes

Police, fire, courts and jails22%Running the government and other costs21%Water, sewer, trash and utilities17%Housing and community development13%Roads, transit and parking8.6%All other spending18%

What stands out

13%

of Santa Fe's spending goes to housing and community development.A typical U.S. city of 50,000+ people spends 1.4%.

Spending by category100%

Police, fire, courts and jails
22%$56.1 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$30.0 million
  • Fire protection$21.7 million
  • Courts and legal services$4.4 million
Running the government and other costs
21%$54.6 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 3 more
  • Central staff services (personnel, purchasing, technology)$31.6 million
  • Finance, tax collection and budgeting$10.0 million
  • Other and not broken out$9.9 million
  • Other government-run businesses$1.8 million
  • Government buildings$1.2 million
Water, sewer, trash and utilities
17%$42.8 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 2 more
  • Water supply$23.3 million
  • Sewer systems$14.4 million
  • Gas supply$5.0 million
  • Garbage and solid waste$55 thousand
Housing and community development
13%$34.7 million
Roads, transit and parking
8.6%$22.3 million
What's in roads, transit and parkingPublic transit; airports and 2 more
  • Public transit$8.5 million
  • Airports$8.0 million
  • Parking$3.3 million
  • Roads and highways$2.5 million
Health and hospitals
6.7%$17.3 million
What's in health and hospitalsPublic health
  • Public health$17.3 million
Parks, recreation and libraries
6.1%$15.7 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$14.4 million
  • Libraries$1.3 million
Interest on debt
3.7%$9.6 million
Social services
1.9%$4.8 million
What's in social servicesOther public welfare
  • Other public welfare$4.8 million
Environment and natural resources
<0.1%$130 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$130 thousand
Sources and moreWhere these numbers come from and what they cover

City of Santa Fe. 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 City of Santa Fe 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.