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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 JurisdictionGrady Municipal School District
Jurisdiction type: School District
Fiscal year ending In2019
Program namePayment In Lieu of Tax (PILOT)es (PILOT)
Program purpose: General Economic Development
Statutory authority: New Mexico Statutes Annotated 1978 section 7-36-5
Abating jurisdiction(s): The Village of Grady
Applicable taxesProperty Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: not reported
Reimbursement / offset: $263,021
Net revenue loss: not reported
Type of loss: Passive
Additional notes on dislosureRecipients of abatements are Broadview Energy Prime, LLC; Broadview Energy KW; Grady Wind Energy Center, LLC