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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 JurisdictionAlbuquerque Municipal School District 12
Jurisdiction type: School District
Fiscal year ending In2019
Program nameTax Abatement - City of Albuquerque
Program purpose: General Economic Development
Statutory authority: New Mexico Statutes Annotated 7-37-6; 3-45
Abating jurisdiction(s): Albuquerque NM
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: $177,110
Reimbursement / offset: $0
Net revenue loss: $177,110
Type of loss: Passive
Additional notes on dislosureAll agreements and their recipients are listed in the CAFR.