School district · Sierra County, NM

Truth Or Consequences's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Truth Or Consequences took in $30.8 million and spent $28.9 million.

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

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Where it comes from

State tax money85%School district taxes9.8%Fees for services (school lunches)2.2%Fines and other1.7%Federal tax money1.2%

What stands out

10%

of Truth Or Consequences' money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes9.8%

Property tax
9.8%$3.0 million

Fees for services2.2%

Fees for services
2.2%$668 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$662 thousand
  • School lunches$6 thousand

Amounts are by Census type of charge.

Federal tax money1.2%

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

From the federal government
1.2%$354 thousand

State tax money85%

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

From the state
85%$26.2 million

Fines and other1.7%

Interest, rents and other
1.7%$531 thousand

Where it goes

Schools and colleges99%Interest on debt0.6%

Spending by category100%

Schools and colleges
99%$28.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$28.8 million
Interest on debt
0.6%$178 thousand
Sources and moreWhere these numbers come from and what they cover

Truth Or Consequences. 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 Truth Or Consequences 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.