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: | Bernalillo County |
Jurisdiction type: | County |
| Fiscal year ending In: | 2020 |
| Program name: | Industrial Development Project |
| Program purpose: | Industrial development |
| Statutory authority: | NMSA §4-59 County Industrial Revenue Bond Act and County Ordinance |
| Abating jurisdiction(s): | Bernalillo County, New Mexico |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Exemption |
| Provisions for recapture: | Provisions are established in the agreement if termination, the company pays back abated taxes less all amounts paid or may revert to other agreements |
| Gross revenue loss: | $74,618 |
| Reimbursement / offset: | $38,386 |
| Net revenue loss: | $36,232 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
