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.
| State: | New Mexico |
| Effected Jurisdiction: | City of Albuquerque |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2021 |
| Program name: | Various Industrial Revenue Bonds agreements |
| Program purpose: | General Economic Development |
| Statutory authority: | Article 32 NMSA 1978 and City ordinance 3-2-15 |
| Abating jurisdiction(s): | Albuquerque |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax abatement; Tax Credit |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $170,521 |
| Reimbursement / offset: | $16,907 |
| Net revenue loss: | $153,614 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.cabq.gov/dfa/treasury/investor-information/comprehensive-ann... |
