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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
Reporting JurisdictionEstancia Municipal School District 7
Jurisdiction type: School district
Fiscal year ending In2019
Program nameIndustrial Revenue Bonds (IRB)
Program purpose: General Economic Development
Statutory authority: New Mexico Statutes Annotated 1978 4-59-1 et seq; 7-36-4
Abating jurisdiction(s): Torrance County
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: not reported
Reimbursement / offset: $149,500
Net revenue loss: not reported
Type of loss: Passive
Additional notes on dislosureRecipient of abatement High Lonesome Mesa, LLC