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Please note that data are cataloged by fiscal years. For more info see our user guide.

City of Albuquerque, NM Revenue Losses from Subsidy Programs

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YearProgram NameProgram TypeGross Revenue LossReimbursement / offsetNet Revenue LossType of Loss
2017Admiral Beverage Corp IRBGeneral Economic Development$1,381$0$1,381Passive
2017Cottonwoods AptsGeneral Economic Development$50,150$0$50,150Passive
2017CVI Laser IRBJob Creation/Retention$13,750$0$13,750Active
2017Desert Willow Apt ProjectGeneral Economic Development$35,527$0$35,527Passive
2017El Encanto/Bueno Foods IRBJob Creation/Retention$21,447$0$21,447Active
2017Emcore IRBJob Creation/Retention$55,921$0$55,921Active
2017Flagship Food Group North Amer IRBGeneral Economic Development$39,809$0$39,809Passive
2017Geestamp Solar North America IRBGeneral Economic Development$3,766$0$3,766Passive
2017General Mills IRBJob Creation/Retention$166,258$0$166,258Active
2017General Mills IRBGeneral Economic Development$19,757$0$19,757Passive
2017General Tech IRBJob Creation/Retention$16,113$0$16,113Active
2017GlenrioGeneral Economic Development$468$0$468Passive
2017Harrington Project IRBGeneral Economic Development$4,694$0$4,694Passive
2017Hotel Anduluz IRBJob Creation/Retention$54,018$0$54,018Active
2017Hotel Chaco IRBGeneral Economic Development$22,316$0$22,316Passive
2017Hotel Chaco IRBGeneral Economic Development$2,569$0$2,569Passive
2017Hotel Parq IRBJob Creation/Retention$34,819$0$34,819Active
2018Industrial Revenue Bond ProjectsGeneral Economic Development$477,149$38,356$438,793Active
2017Karston IRBJob Creation/Retention$23,319$0$23,319Active
2017Ktech (Raytheon) IRBJob Creation/Retention$44,476$0$44,476Active
2017Los Pablonos IRBGeneral Economic Development$1,167$0$1,167Passive
2017Lovelace Health SystemGeneral Economic Development$73,547$0$73,547Passive
2017MCT IRBJob Creation/Retention$23,520$0$23,520Active
2017New Mexico Food Distributors IRBGeneral Economic Development$7,939$0$7,939Passive
2017New Mexico Food Distributors IRBGeneral Economic Development$4,499$0$4,499Passive
2017NM Food Distributors IRBGeneral Economic Development$10,244$0$10,244Passive
2017Rio Bravo Brewing IRBGeneral Economic Development$1,900$0$1,900Passive
2017Roses Southwest Papers IRBJob Creation/Retention$16,758$0$16,758Active
2017SBS Technologies Corp HQ IRBGeneral Economic Development$27,525$0$27,525Passive
2017Silver Moon LodgeGeneral Economic Development$31,625$0$31,625Passive
2017Sun Healthcare IRBJob Creation/Retention$52,365$0$52,365Active
2017T-Mobile IRBJob Creation/Retention$22,738$0$22,738Active
2019Tax Abatement Program - Industrial Revenue BondsGeneral Economic Development (IRB)$177,110$16,970$160,140Active
2017Tortilla BuildingGeneral Economic Development$15,124$0$15,124Passive
2017United Poly Systems IRBGeneral Economic Development$1,726$0$1,726Passive
2017Valencia Retirement AptsGeneral Economic Development$40,957$0$40,957Passive
2018Various agreements entered into by Bernalillo CountyGeneral Economic Development (IRB)$602,021$0$602,021Passive
2020Various Industrial Revenue Bonds agreementsGeneral Economic Development$171,394$16,993$154,401Active
2021Various Industrial Revenue Bonds agreementsGeneral Economic Development$170,521$16,907$153,614Active
2020Various tax abatement agreementsGeneral Economic Development$925,586$0$925,586Passive
2021Various tax abatement agreementsGeneral Economic Development$360,363$0$360,363Passive
2017Verizon Wireless IRBGeneral Economic Development$77,540$0$77,540Passive
2017Vista Plaza Revitalization IRBGeneral Economic Development$10,238$0$10,238Passive
2017Vitality Works IRBGeneral Economic Development$27,114$0$27,114Passive
2017West Publishing CorpGeneral Economic Development$24,532$0$24,532Passive
TABULATED TOTAL$3,965,760$89,226$3,876,534