City government · Curry County, NM

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

In the latest recorded fiscal year (ended June 30, 2022), Texico took in $1.9 million and spent $909 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 money52%Fees for services (water, garbage collection)25%City taxes20%Fines and other2.5%

What stands out

52%

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

City taxes20%

Property tax
12%$229 thousand
Sales tax
8.3%$159 thousand
Other taxes
0.1%$2 thousand
What's in other taxesMotor vehicle licenses
  • Motor vehicle licenses$2 thousand

Amounts are by Census tax category.

Fees for services25%

Fees for services
25%$485 thousand
What's in fees for servicesWater; garbage collection and 1 more
  • Water$265 thousand
  • Garbage collection$144 thousand
  • Sewer$76 thousand

Amounts are by Census type of charge.

State tax money52%

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

From the state
52%$994 thousand

Fines and other2.5%

Fines
1.6%$31 thousand
Interest, rents and other
0.9%$17 thousand

Where it goes

Police, fire, courts and jails47%Water, sewer, trash and utilities39%Running the government and other costs15%Interest on debt0.1%

What stands out

47%

of Texico's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
47%$423 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$229 thousand
  • Police$169 thousand
  • Courts and legal services$25 thousand
Water, sewer, trash and utilities
39%$352 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$288 thousand
  • Sewer systems$64 thousand
Running the government and other costs
15%$133 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$133 thousand
Interest on debt
0.1%$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Texico. 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 Texico 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.