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STATE GOVERNMENT FINANCES: 2005
STATE: NEW MEXICO
(Thousand Dollars)
 
Source: 2005 Annual Survey of State Government Finances. Data users who create their own estimates using
data from this report should cite the U.S. Census Bureau as the source of the original data only. The data in
this table are based on information from public records and contain no confidential data. Although the data in
this table come from a census of governmental units and are not subject to sampling error, the census results
do contain nonsampling error. Additional information on nonsampling error, response rates, and definitions
may be found at http://www2.census.gov/govs/state/05_methodology.pdf.

Item       Amount      
Total revenue      13,344,177
       
    General revenue      11,133,141
        Intergovernmental revenue      3,978,116
        Taxes      4,478,321
            General sales      1,556,600
            Selective sales      613,921
            License taxes      209,907
            Individual income tax      1,086,015
            Corporate income tax      242,462
            Other taxes      769,416
       
        Current charges      800,244
        Miscellaneous general revenue      1,876,460
       
    Utility revenue      0
    Liquor stores revenue      0
    Insurance trust revenue(1)      2,211,036
       
Total expenditure      12,463,203
    Intergovernmental expenditure      3,617,407
    Direct expenditure      8,845,796
        Current operation      6,838,681
        Capital outlay      509,208
        Insurance benefits and repayments      1,056,591
        Assistance and subsidies      170,957
        Interest on debt      270,359
Exhibit: Salaries and wages      1,881,356
       
Total expenditure      12,463,203
General expenditure      11,406,612
        Intergovernmental expenditure      3,617,407
        Direct expenditure      7,789,205
       
    General expenditure, by function:       
        Education      4,077,625
        Public welfare      2,899,289
        Hospitals      568,873
        Health      323,199
        Highways      672,335
       
        Police protection      134,753
        Correction      291,444
        Natural resources      182,691
        Parks and recreation      73,927
        Governmental administration      446,465
       
        Interest on general debt      270,359
        Other and unallocable      1,465,652
       
    Utility expenditure      0
    Liquor stores expenditure      0
    Insurance trust expenditure      1,056,591
       
Debt at end of fiscal year      5,872,748
       
Cash and security holdings      37,941,134

(1) Within insurance trust revenue, net earnings of state retirement systems
is a calculated statistic (the item code in the data file is X08), and thus can be
positive or negative. Net earnings is the sum of earnings on investments plus gains on
investments minus losses on investments. The change made in 2002 for asset valuation
from book to market value in accordance with Statement 34 of the Governmental
Accounting Standards Board is reflected in the calculated statistics.
 
Created: February 7, 2007
Last Revised:  January 5, 2011


Source: U.S. Census Bureau | State Government Finances | (800) 242-4523| govs.public.finance.analysis.b@census.gov |  Last Revised: January 20, 2011