Finance > Per Capita Information

Per Capita Information

Per Capita Financial Report


The Cityof Nogales finances the cost of its capital improvements through bonds and lease purchases.  Both of these financing options are a responsible, effective and affordable way to pay for the purchase costs over time just like a homeowner does with the purchase of a house or car. The alternative is to pay cash upfront.  Just like homeowners, the city is not in a position to pay cash for many capital improvements that cost several million dollars.


Capital improvements include road resurfacing, water and sewer line replacements, and park improvements.


To calcuate a per capita figure to better illustrate what it costs the City per resident the following formula is used:

  • the city's outstanding long-term debt (principle only) as of June 30, 2014 and sales tax collected for the year divided by
  • the city's population as determined by the 2010 Census

Sales Tax Collected for July 1, 2013 to June 30, 2014: $10,959,179 / 20,456 = $535.75 per citizen

Outstanding Debt as of June 30, 2014:  $61,986,649 / 20,456 = $3,030 per citizen