The budget was $5,000.
Of the seven songs included in this short (excluding the theme song "We're the Turtles"), five of them are interpolations of standard holiday songs. "Up From the Sewer" is to the tune of "Over the River and Through the Wood", "Oh Little City of New York" is a play on "Oh Little Town of Bethlehem", and "We Wish You A Turtle Christmas" is a parody of "We Wish You A Merry Christmas".
Teenage Mutant Ninja Turtles supporting characters April O'Neil, Shredder, Rocksteady, and Bebop are mentioned in the various songs, but never shown or depicted.
One of two low budget direct-to-video shorts featuring the Teenage Mutant Ninja Turtles that Family Home Entertainment (fhe) released in 1994. The other was Turtle Tunes (1994).