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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 2019 Revenue Lost to Tax Abatement Programs


Total Revenue Lost: 
$159,457,366
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.

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 $3,745,507
Albuquerque Municipal School District 12 School district $1,185,619
Clovis Municipal School District School district $831,421
Carlsbad Municipal School District 20 School district $818,548
Roswell Independent School District 4 School district $685,765
Rio Rancho Municipality $497,848
Roswell Municipality $375,000
Deming Public School District School district $289,665
Albuquerque Municipality $177,110
Gadsden Independent School District 16 School district $146,631
Los Lunas School District School district $130,000
San Jon Municipal School District School district $128,254
House Municipals School District School district $128,254
Dora Consolidated School District School district $121,400
Belen Consolidated School District 2 School district $82,790
Las Cruces Municipality $46,365
Hatch Valley Public School District School district $34,496
Elida Municipal School District School district $27,832
Tucumcari Public School District School district $2,695
Hagerman Municipal School District School district $2,123
Alamogordo Municipal School District 1 School district $43
Mosquero Municipal School District School district $0
Portales Municipal School District 1 School district $0
Pojoaque Valley School District School district $0
Penasco Independent School District School district $0
Pecos Independent School District School district $0
Reserve Independent School District School district $0
Moriarty-Edgewood School District 8 School district $0
Mora Independent School District 44 School district $0
Melrose Municipal School District School district $0
Maxwell Municipal School District School district $0
Magdalena Municipal School District School district $0
Loving Municipal School District School district $0
Zuni Public School District School district $0
Questa Independent School Districts School district $0
Raton Public School District 11 School district $0
Texico Municipal School District School district $0
West Las Vegas School District School district $0
Wagon Mound Public School District School district $0
Vaughn Municipal School District School district $0
Roy Municipal School District School district $0
Ruidoso Municipal School District School district $0
Tularosa Municipal School District 4 School district $0
Santa Fe Public School District School district $0
Santa Rosa Consolidated School District School district $0
Silver Consolidated School District School district $0
Socorro Consolidated School District School district $0
Springer Municipal School District School district $0
Taos Municipal School District School district $0
Tatum Municipal School District School district $0
Cimarron Municipal School District School district $0
Dulce Independent School District School district $0
Dexter Consolidated School District School district $0
Des Moines Municipal School District School district $0
Cuba Independent School District 62 School district $0
Corona Public School District School district $0
Cobre Consolidated School District School district $0
Cloudcraft Municipal School District School district $0
Clayton Municipal School District School district $0
Espanola Public School District School district $0
Chama Valley Independent School District School district $0
Central Consolidated School District School district $0
Carrizozo Municipal School District School district $0
Capitan Municipal School District School district $0
Bloomfield Municipal School District 6 School district $0
Bernalillo Public School District School district $0
Aztec Municipal School District School district $0
Artesia Public School District School district $0
Hobbs Municipal School District 33 School district $0
Lordsburg Municipal School District School district $0
Logan Municipal School District School district $0
Las Vegas City School District School district $0
Las Cruces Public School District 2 School district $0
Lake Arthur Municipal School District School district $0
Jemez Valley Public School District 31 School district $0
Jal Public School District School district $0
Hondo Valley Public School District School district $0
Los Alamos Public School District School district $0
Grants-Cibola County School District School district $0
Grady Municipal School District School district $0
Gallup-Mckinley County School District School district $0
Fort Sumner Municipal School District School district $0
Floyd Municipal School District School district $0
Farmington Municipal School District 5 School district $0
Eunice Public School District School district $0
Estancia Municipal School District 7 School district $0
TABULATED LOCALITY AND DISTRICT TOTAL $9,457,366