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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 JurisdictionGadsden Independent School District 16
Jurisdiction type: School District
Fiscal year ending In2022
Program nameMonarch Litho Inc.
Program purpose: General Economic Development
Statutory authority: Sections 4-59-1 - 4-59-16 NMSA 1978
Abating jurisdiction(s): Dona Ana County
Applicable taxesReal and Personal Property Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (no provisions for recapture)
Gross revenue loss: $45,956
Reimbursement / offset: $26,765
Net revenue loss: $19,191
Type of loss: Passive
Additional notes on dislosure(none)
Document sourcehttps://s3.amazonaws.com/scschoolfiles/2710/final_version_gadsden_indepe...