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: | San Juan County |
Jurisdiction type: | County |
Fiscal year ending In: | 2020 |
Program name: | Industrial Revenue Bond |
Program purpose: | General Economic Development |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | San Juan County |
Applicable taxes: | Property Tax |
Method of abatement: | (not specified) |
Provisions for recapture: | Yes |
Gross revenue loss: | not reported |
Reimbursement / offset: | not reported |
Net revenue loss: | not reported |
Type of loss: | Active |
Additional notes on dislosure: | At June 30, 2020, the County had one taxable industrial revenue bond project that resulted in an abatement of taxes less than $50,000. For the nature of the abatement having been under the quantitative threshold and considering the immaterial nature of the abatement, the County did not need to report the abatement within the Notes under the guidelines of the Statement. |