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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateNew Mexico
Effected JurisdictionBernalillo County
Jurisdiction type: County
Fiscal year ending In2017
Program nameLovelace Health System
Program purpose: General Economic Development
Statutory authority: NMSA §4-59 County Industrial Revenue Bond Act, NMSA §3-45 Municipal Housing Law and County Ordinance
Abating jurisdiction(s): NM Hospital Equip Loan Council
Applicable taxesProperty Tax
Method of abatement: Tax Exemption
Provisions for recapture: (not specified)
Gross revenue loss: $78,048
Reimbursement / offset: $0
Net revenue loss: $78,048
Type of loss: Passive
Additional notes on dislosure(none)