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Please note that data are cataloged by fiscal years -- you can switch to different years using the links below. For more info see our user guide.

2020 | 2019 | 2018 | 2017

New Mexico 2017 Revenue Lost to Tax Abatement Programs


Total Revenue Lost: 
$15,961,172
Download results as CSV or XML

State-level programs

Click on the name of a program for more details.

Program Name Program Type Revenue Loss
Advanced Energy Deduction Energy production $500,000
Credit for Preservation of Cultural Property Historic preservation $166,694
Film and Television Tax Credit Film production $1,380,619
Renewable Energy Production Tax Credit Renewable energy $0
TABULATED STATE-LEVEL TOTAL $2,047,313

Tabulated localities and districts

Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.

We estimated the reporting rate among local governments for each state using 2018 and 2019 data. This is to gauge how much data is available in that state.

For New Mexico, the estimated reporting rate is as follows:

Cities/counties: 30 out of 34 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

School districts: 82 out of 87 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

Concerned about the lack of disclosure? Check out the roadmap on GASB 77 compliance we created for NM. You can also get a CSV file of the localities in NM that did not make any tax abatement disclosures in their annual financial reports.

Local government / school district financial audits are posted here.

Reporting Jurisdiction Jurisdiction Type Gross Revenue Losssort icon
Rio Rancho Public School District 94 School district $3,721,589
Las Cruces Municipality $1,416,323
Albuquerque Municipal School District 12 School district $1,218,916
Albuquerque Municipality $1,081,616
Bernalillo County County $941,127
Sandoval County County $899,605
Clovis Municipality $836,796
Roswell Independent School District 4 School district $706,485
Clovis Municipal School District School district $484,046
Lea County Municipality $415,070
Roswell Municipality $361,254
Rio Rancho Municipality $292,784
Deming Public School District School district $289,665
Santa Fe County County $228,278
Elida Municipal School District School district $228,078
Dona Ana County County $151,153
Hatch Valley Public School District School district $131,988
Lake Arthur Municipal School District School district $129,418
Los Lunas School District School district $105,002
Central NM Community College School district $67,055
Southern Sandoval Arroyo Flood Control Special district $46,182
Presbyterian Health System Special district $39,186
Portales Municipal School District 1 School district $33,393
UNM Sandoval Regional Health Center Special district $32,060
Gadsden Independent School District 16 School district $27,204
Portales Municipality $9,432
San Juan County County $6,800
Dona Ana Community College School district $5,172
Dona Ana County Flood Commission County $5,003
Hobbs Municipality $3,142
Alamogordo Municipal School District 1 School district $37
Grants-Cibola County School District School district $0
Dexter Consolidated School District School district $0
Carlsbad Municipal School District 20 School district $0
TABULATED LOCALITY AND DISTRICT TOTAL $13,913,859