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: | Albuquerque Municipal School District 12 |
Jurisdiction type: | School District |
Fiscal year ending In: | 2021 |
Program name: | Tax Abatement - Bernalilio County |
Program purpose: | General Economic Development |
Statutory authority: | New Mexico Statutes Annotated 7-37-6; 3-45 |
Abating jurisdiction(s): | Bernalillo County, NM |
Applicable taxes: | Real and Personal Property Tax |
Method of abatement: | (not specified) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $1,152,142 |
Reimbursement / offset: | $0 |
Net revenue loss: | $1,152,142 |
Type of loss: | Passive |
Additional notes on dislosure: | All agreements and their recipients are listed in the CAFR. |