NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-38-35

Preparation of property tax schedule by assessor

Official textnmonesource.comlast amended 200713 subsections

# A.

After receipt of the rate-setting order and the order imposing the tax, but no later than October 1 of each tax year, the county assessor shall prepare a property tax schedule for all property subject to property taxation in the county. This schedule shall be in a form that shall be made available electronically and contain the information required by regulations of the department and shall contain at least the following information:

# (1)

the description of the property taxed and, if the property is personal property, its location;

# (2)

the property owner's name and address and the name and address of any person other than the owner to whom the tax bill is to be sent;

# (3)

the classification of the property;

# (4)

the value of the property determined for property taxation purposes;

# (5)

the tax ratio;

# (6)

the taxable value of the property;

# (7)

the amount of any exemption allowed and a statement of the net taxable value of the property after deducting the exemption;

# (8)

the allocations of net taxable value to the governmental units;

# (9)

the tax rate in dollars per thousand of net taxable value for all taxes imposed on the property;

# (10)

the amount of taxes due on the described property; and

# (11)

the amount of any penalties and interest already imposed and due on the described property.

# B.

The property tax schedule is a public record and a part of the valuation records.

Amendment history

1953 Comp., § 72-31-35, enacted by Laws 1973, ch. 258, § 75; 1974, ch. 92, § 13; 1975, ch. 8, § 1; 1977, ch. 211, § 1; 1981, ch. 37, § 75; 2007, ch. 343, § 1.

Source: official source (NMSA chapter on nmonesource.com)

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