Finance

The City of Carlsbad Finance Department is responsible for all receipts and disbursements concerning all City Departments. The Finance Department branches include payroll, purchasing, utility bill receipts and billing, EMS receipts, accounts payable, fixed asset coordination, accounting and reception.

The City of Carlsbad has approximately forty (40) accounting funds comprised of sixty (60) departments and nine (9) bank accounts. It is the mission of the Finance Department to provide excellent service of the highest quality to every person in a courteous and professional manner.

Notice: The City of Carlsbad implements rate increases or decreases for Water & Sewer, and Solid Waste annually in October. Rate increases or decreases are determined by calculating the July average, of the last 4 years, of the U.S. Department of Labor, Bureau of Labor Statistics, Consumer Price Index for all Urban Consumers (CPI-U). Further information regarding Water & Sewer, and Solid Waste Rates can be found at the Utillities Page, by calling Customer Service at 575-887-1191, or visiting City Hall at 101 N. Halagueno.

The City of Carlsbad is required by Section 6-6-2 NMSA 1978 to submit an interim budget, for approval, to the New Mexico Department of Finance and Administration by May 31 of each year. A final budget, for approval, is required to be submitted by July 31 of each year. Adjustments to the final budget must be approved by both the City Council and the Department of Finance and Administration. Quarterly reports must be submitted to the Department of Finance and Administration as well.