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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.

2019 | 2018 | 2017

New Mexico 2019 Revenue Lost to Tax Abatement Programs


Population in 2019 : not available
Total Revenue Lost: 
$159,457,366

Concerned about the lack of disclosure? We have created institutional schematics for the implementation of GASB Statement No. 77 on Tax Abatement Disclosures in the 50 states and DC: Learn who's in charge of compliance in our ROADMAP PROJECT. 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.

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
Film Production Tax Credit Film production $150,000,000
TABULATED STATE-LEVEL TOTAL $150,000,000

Tabulated localities and districts

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

Reporting Jurisdiction Jurisdiction Type Gross Revenue Loss
Albuquerque Municipality $177,110
Las Cruces Municipality $46,365
Rio Rancho Municipality $497,848
Roswell Municipality $375,000
Alamogordo Municipal School District No.1 School District $43
Albuquerque Municipal School District 12 School District $1,185,619
Artesia Public Schools School District $0
Aztec Municipal School District School District $0
Belen Consolidated School District 2 School District $82,790
Bernalillo Public School District School District $0
Bloomfield Municipal School District 6 School District $0
Capitan Municipal Schools School District $0
Carlsbad Municipal School District School District $818,548
Carrizozo Municipal Schools School District $0
Central Consolidated School District School District $0
Chama Valley Independent School District School District $0
Cimarron Municipal School District School District $0
Clayton Municipal Schools School District $0
Cloudcraft Municipal Schools School District $0
Clovis Municipal Schools School District $831,421
Cobre Consolidated School District School District $0
Corona Public Schools School District $0
Cuba Independent School District 62 School District $0
Deming Public Schools School District $289,665
Des Moines Municipal Schools School District $0
Dexter Consolidated Schools School District $0
Dora Consolidated Schools School District $121,400
Dulce Independent Schools School District $0
Elida Municipal Schools School District $27,832
Espanola Public School District School District $0
Estancia Municipal School District 7 School District $0
Eunice Public Schools School District $0
Farmington Municipal School District 5 School District $0
Floyd Municipal Schools School District $0
Fort Sumner Municipal Schools School District $0
Gadsden Independent School District 16 School District $146,631
Gallup-Mckinley County Schools School District $0
Grady Municipal Schools School District $0
Grants-Cibola County Schools School District $0
Hagerman Municipal Schools School District $2,123
Hatch Valley Public Schools School District $34,496
Hobbs Municipal School District 33 School District $0
Hondo Valley Public Schools School District $0
House Municipals Schools School District $128,254
Jal Public Schools School District $0
Jemez Valley Public School District 31 School District $0
Lake Arthur Municipal Schools School District $0
Las Cruces Public School District 2 School District $0
Las Vegas City Schools School District $0
Logan Municipal Schools School District $0
Lordsburg Municipal School District School District $0
Los Alamos Public Schools School district $0
Los Lunas Schools School District $130,000
Loving Municipal Schools School District $0
Magdalena Municipal School District School District $0
Maxwell Municipal Schools School District $0
Melrose Municipal Schools School District $0
Mora Independent School District 44 School District $0
Moriarty-Edgewood School District 8 School District $0
Mosquero Municipal Schools School District $0
Pecos Independent School District School District $0
Penasco Independent School District School District $0
Pojoaque Valley Schools School District $0
Portales Municipal School District 1 School District $0
Questa Independent School Districts School District $0
Raton Public School District 11 School District $0
Reserve Independent Schools School District $0
Rio Rancho Public School District 94 School District $3,745,507
Roswell Independent School District 4 School District $685,765
Roy Municipal Schools School District $0
Ruidoso Municipal School District School District $0
San Jon Municipal Schools School District $128,254
Santa Fe Public Schools School District $0
Santa Rosa Consolidated Schools School District $0
Silver Consolidated School District School District $0
Socorro Consolidated Schools School District $0
Springer Municipal Schools School District $0
Taos Municipal Schools School District $0
Tatum Municipal Schools School District $0
Texico Municipal Schools School District $0
Tucumcari Public Schools School District $2,695
Tularosa Municipal School District 4 School District $0
Vaughn Municipal Schools School District $0
Wagon Mound Public Schools School District $0
West Las Vegas Schools School District $0
Zuni Public Schools School District $0
TABULATED LOCALITY AND DISTRICT TOTAL $9,457,366

Local government reporting rate

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: 36 out of 53 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.