« Return to search form

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 JurisdictionTucumcari Public School District
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 4-59-2(F)(4)b)
Abating jurisdiction(s): Quay County
Applicable taxesProperty tax; Property Tax tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $2,695
Reimbursement / offset: $30,251
Net revenue loss: $0
Type of loss: Passive
Additional notes on dislosureRecipient of these abatements are Caprock Wind LLC and Caprock Solar 1 LLC