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)