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TRUTH OR CONSEQUENCES CITY finances

Money › Local governments in New Mexico

TRUTH OR CONSEQUENCES CITY

City or town in New Mexico (Sierra County area). Fiscal year 2024 (year ends 06/30); population 5,977.

Other years: 2024 · 2022

Summary

WhatAmountCensus item codes
Taxes$7.2 millionT
Charges and fees$47.4 millionA
Other general revenue$1.3 millionU
From the federal government$923,000B
From the state government$5.9 millionC
From local governments$2.1 millionD
Spending: current operations$60.3 millionE
Spending: construction$1.3 millionF
Spending: other capital outlay$0G
Spending: interest on debt$2.1 millionI
Spending: assistance and subsidies$0J
Payments to other governments$0L M Q S
General revenue$64.9 millionT A U B C D
Direct spending$63.7 millionE F G I J
Debt at year end$63.1 million49U + 64V

Spending by function

Function (Census name)Current operations + construction + capital
Hospitals$39.6 million
Electric Utilities$6.4 million
Police Protection$2.3 million
Solid Waste Mgt$1.9 million
Regular Highways$1.7 million
General NEC$1.3 million
Sewerage$1.1 million
Housing & Comm Dev-Curr Oper$1.1 million
General Public Bldg-Curr Oper$1.0 million
Water Utilities$979,000
Financial Adm$781,000
Parks & Rec$748,000
Central Staff$636,000
Air Trans$510,000
Judicial$462,000
Protective Inspection$388,000
Libraries$318,000
Local Fire Protection$264,000
Correction Insts$73,000
Misc Comm Act$13,000

Every item reported

CodeCensus descriptionAmount
19UBeg LT Debt O/S NEC$55.9 million
29ULTD ISS-Unsp-Other NEC$4.7 million
39ULTD Ret-Unsp-Other NEC$1.6 million
49ULTD Debt O/S-Unsp-Other NEC$59.0 million
61VShort Term Debt O/S-Beginning$3.3 million
64VShort Term Debt O/S-End of FY$4.1 million
A01Air Transportation Charges$204,000
A03Misc Comrcial Act NEC Charges$13,000
A36Hospital Charges$35.4 million
A50Housing & Comm Dev Charges$303,000
A61Parks & Recreation Charges$20,000
A80Sewerage Charges$1.3 million
A81Solid Waste Charges$2.1 million
A89All Other NEC Charges$331,000
A91Water Utilities Revenue$968,000
A92Electric Utilities Revenue$6.8 million
B89Federal IG Other$923,000
C89State IG Other$5.9 million
D89Local IG Other$2.1 million
E01Air Trans Current Operation$333,000
E03Misc Comm Act-Current Oper$13,000
E04Correction Insts-Current Oper$73,000
E23Financial Adm-Curr Operation$781,000
E24Local Fire Protection Curr Operation$234,000
E25Judicial-Current Operation$462,000
E29Central Staff-Curr Operation$636,000
E31General Public Bldg-Curr Oper$1.0 million
E36Hospitals-Current Oper$39.6 million
E44Regular Highways-Current Oper$1.5 million
E50Housing & Comm Dev-Curr Oper$768,000
E52Libraries-Current Operation$318,000
E61Parks & Rec-Current Operation$727,000
E62Police Protection-Current Oper$2.2 million
E66Protective Inspection-Curr Op$388,000
E80Sewerage-Current Operation$1.0 million
E81Solid Waste Mgt - Current Oper$1.9 million
E89General NEC-Current Operation$1.3 million
E91Water Utilities-Current Oper$943,000
E92Electric Utilities-Current Op$6.1 million
F01Air Trans Construction$177,000
F24Local Fire Protection Construction$30,000
F44Regular Highways-Construction$210,000
F50Housing & Comm Dev-Constr$317,000
F61Parks & Rec-Construction$21,000
F62Police Protection-Construction$125,000
F80Sewerage-Construction$119,000
F89General NEC-Construction$36,000
F91Water Utilities-Construction$36,000
F92Electric Utilities-Constr$253,000
I89General Interest on Debt$1.8 million
I91Water Utilities-Interest$188,000
I92Electric Utilities-Interest$112,000
T01Property Tax$409,000
T09Total General Sales Taxes$6.1 million
T19Other Selective Sales Taxes$543,000
T24Motor Vehicle License$125,000
T29Other License Tax$5,000
U20Interest Earnings$684,000
U30Fines & Forfeits$514,000
U50Donations From Private Sources$109,000

Source: State and local government finances 2024, annual survey sample of units (U.S. Census Bureau) (U.S. Census Bureau). Collected Nov 14, 2026 11:48 PM CST. Amounts as published (thousands of dollars in the file; shown in dollars). Group totals are sums of item codes by letter. Item code list: Census technical documentation. Government ID 352051193761.