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: | Sandoval County |
Jurisdiction type: | County |
| Fiscal year ending In: | 2023 |
| Program name: | Industrial Revenue Bonds - Nature's Toolbox |
| Program purpose: | General Economic Development |
| Statutory authority: | Property Tax Code NMSA Chapter 7 Articles 35-38 |
| Abating jurisdiction(s): | City of Rio Rancho |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $18,263 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $18,263 |
| Type of loss: | Passive |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.sandovalcountynm.gov/wp-content/uploads/2024/03/FY2023_Count... |
