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Tax Break Tracker Individual Entry

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 TerritoryNew Mexico
Effected JurisdictionCity of Las Cruces
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameCommunity Development Incentive Act
Program purpose: Business attraction/retention/expansion
Statutory authority: New Mexico Statutes Annotated 1978 3-64-1 through 3-64-5
Abating jurisdiction(s): Las Cruces, New Mexico
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: $78,703
Reimbursement / offset: $0
Net revenue loss: $78,703
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://library.municode.com/nm/las_cruces/munidocs/munidocs?nodeId=572c...