FINANCE
The Village of Ruidoso Finance Department manages the community’s financial operations, including budgeting, accounting, purchasing support, financial reporting, and fiscal compliance. This page provides access to financial reports, budget information, audit reports, vendor resources, and department contacts as part of the Village’s commitment to transparency and responsible stewardship of public funds.
Judi Starkovich, Finance Director
T: (575)-258-4343
F: (575) 258-3017
JudiStarkovich@ruidoso-nm.gov
Madison Schlotfeldt, Assistant Finance Director
T: (575)-258-4343
F: (575) 258-3017
MadisonSchlotfeldt@ruidoso-nm.gov
Robin Parks, Finance Specialist
Need help with your utility bill? Visit the Utility Billing page for payment options, account information, and customer service.
Accounts Payable
Vendors must provide both federal and state tax identification numbers to perform services for the Village. Please contact Purchasing or Accounts Payable personnel for assistance. Vendor ID numbers must be established prior to submission of invoices.
All invoices submitted must include the following:
Date of services or purchase of goods
Vendor name and mailing address
Description of goods or services
Total amount due
The Village of Ruidoso is exempt from sales tax on tangible goods with the exception of construction items. Sales tax will be paid on labor, services, and construction items. If an invoice includes sales tax on parts or goods, it will be deducted from the disbursement. Please contact Purchasing if you need a Non-Taxable Transaction Certificate.
Budget Process
The Village develops its annual budget through a public process each fiscal year. The timeline below outlines the major milestones from departmental planning through final adoption.
The fiscal year for the Village of Ruidoso is July 1-June 30, and the budget process is as follows:
Budget preparation begins in February with management review and projection of revenues for the upcoming year.
Department directors prepare budget requests based on historical information and guidelines for the upcoming year; meetings are scheduled with the Manager and Finance Director for review.
A preliminary budget is prepared for the governing body by late April.
Public hearings are held in early May to review the preliminary budget.
Preliminary budget is adopted and sent to Department of Finance and Administration (DFA) in late May.
Fiscal year end closes June 30.
Final budget is adopted and sent to DFA in late July.
Budget documents adopted by the Village Council are available through the Village Council Agendas & Packets page.
Audit Reports
Independent annual audit reports provide a comprehensive review of the Village’s financial statements and compliance with applicable accounting standards.
Monthly Financial Report to Village Council
Monthly financial reports presented to the Village Council are published here as they become available.
Finance Report - June 2026 (PDF)
Finance Report - May 2026 (PDF)
Finance Report - April 2026 (PDF)
Finance Report - March 2026 (PDF)
Finance Report - February 2026 (PDF)
Finance Report - January 2026 (PDF)
Looking for reports from previous years? Visit the Public Record Archive
Related Financial Resources
You may also find these Village resources helpful:
Village Council Agendas & Packets — Review meeting agendas, supporting documents, and financial items presented to the Council.
Purchasing — Vendor information, procurement opportunities, and purchasing policies.
Public Record Archive — Access financial reports and other archived public records from previous years.
Utility Billing — Payment options, customer service, and account information.