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: 
New Mexico
Reporting Jurisdiction: 
Las Cruces
Jurisdiction type
Municipality
Fiscal year ending In: 
2019
Program name: 
Industrial Revenue Bond Act
Program purpose
Business attraction/retention
Statutory authority
New Mexico Statutes Annotated 1978 3-32-1 through 3-32-16
Abating jurisdiction(s)
Las Cruces, New Mexico
Applicable taxes: 
Property Tax
Method of abatement
(not specified)
Provisions for recapture
(not specified)
Gross revenue loss
$11,869
Reimbursement / offset
$0
Net revenue loss
$11,869
Type of loss
Active
Additional notes on dislosure: 
(none)