Town government · Taos County, NM

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

In the latest recorded fiscal year (ended June 30, 2024), Taos took in $54.9 million and spent $26.3 million.

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

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Where it comes from

State tax money57%Town taxes24%Fees for services (water, garbage collection)13%Fines and other4.6%Federal tax money0.6%

What stands out

57%

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

Town taxes24%

Sales tax
18%$9.7 million
Other taxes
4.0%$2.2 million
What's in other taxesOther selective sales taxes; occupation and business licenses and 3 more
  • Other selective sales taxes$2.0 million
  • Occupation and business licenses$112 thousand
  • Other licenses$45 thousand
  • Public utility licenses$40 thousand
  • Alcoholic beverage licenses$19 thousand

Amounts are by Census tax category.

Property tax
2.9%$1.6 million

Fees for services13%

Fees for services
13%$7.2 million
What's in fees for servicesWater; garbage collection and 3 more
  • Water$4.0 million
  • Garbage collection$2.6 million
  • Other service charges$367 thousand
  • Parks and recreation$186 thousand
  • Airport$77 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$324 thousand

State tax money57%

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

From the state
57%$31.4 million

Fines and other4.6%

Fines
2.4%$1.3 million
Interest, rents and other
2.3%$1.3 million

Where it goes

Running the government and other costs40%Water, sewer, trash and utilities26%Police, fire, courts and jails17%Roads, transit and parking7.5%Parks, recreation and libraries7.2%All other spending2.2%

What stands out

40%

of Taos' spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
40%$10.5 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$6.7 million
  • Government buildings$1.3 million
  • Central staff services (personnel, purchasing, technology)$1.3 million
  • Finance, tax collection and budgeting$1.2 million
Water, sewer, trash and utilities
26%$6.8 million
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
  • Sewer systems$3.0 million
  • Garbage and solid waste$2.1 million
  • Water supply$1.8 million
Police, fire, courts and jails
17%$4.5 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$2.8 million
  • Fire protection$1.1 million
  • Courts and legal services$594 thousand
  • Probation, parole and other corrections$109 thousand
Roads, transit and parking
7.5%$2.0 million
What's in roads, transit and parkingRoads and highways; airports and 2 more
  • Roads and highways$1.6 million
  • Airports$263 thousand
  • Parking$131 thousand
  • Public transit$27 thousand
Parks, recreation and libraries
7.2%$1.9 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.3 million
  • Libraries$548 thousand
Interest on debt
1.4%$358 thousand
Social services
0.8%$212 thousand
What's in social servicesOther public welfare
  • Other public welfare$212 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Taos. 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 Town of Taos 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.