Determining the financial feasibility of a South Valley municipality requires developing estimates of the revenues that might be raised, and this in turn requires a careful reading of NM statutes to see what the city may be entitled to and what authority it has under state law, as well as estimating the tax bases and the levels of activity against which fees and charges for services will be assessed. It is also critical to determine how much it will cost to provide various municipal services to the South Valley. This study focuses on the costs and revenues associated with operating a municipal government and with identifying and estimating recurring revenues that may be used to meet on-going expenditures
