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: | Los Lunas School District |
Jurisdiction type: | School District |
Fiscal year ending In: | 2019 |
Program name: | Industrial Revenue Bonds (IRB) |
Program purpose: | General Economic Development |
Statutory authority: | New Mexico Statutes Annotated 1978 3-32-1 to 3-32-17 |
Abating jurisdiction(s): | Village of Los Lunas |
Applicable taxes: | Property Tax |
Method of abatement: | (not specified) |
Provisions for recapture: | (N/A - no programs in 2019) |
Gross revenue loss: | $50,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $50,000 |
Type of loss: | Passive |
Additional notes on dislosure: | Recipient of abatement Walmart Stores East, Inc. Project-Series 1997; $50,000,000 |