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 or Territory: | New Mexico |
| Effected Jurisdiction: | City of Albuquerque |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2018 |
| Program name: | Industrial Revenue Bond Projects |
| Program purpose: | General Economic Development |
| Statutory authority: | State of New Mexico Statutes Article 32; City of Albuquerque Code of Ordinances § 3-2-15 |
| Abating jurisdiction(s): | City of Albuquerque |
| Applicable taxes: | Property Tax; Various State Taxes |
| Method of abatement: | (not specified) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $477,149 |
| Reimbursement / offset: | $38,356 |
| Net revenue loss: | $438,793 |
| Type of loss: | Active |
| Additional notes on dislosure: | Reimbursement is PILOT; breakdown by companies available via URL |
| Document source: | https://www.cabq.gov/dfa/treasury/investor-information/comprehensive-ann... |
