New Mexico Special Improvement Project and Assessment

State:
Multi-State
Control #:
US-M-9556
Format:
Word; 
Rich Text
Instant download

Description

This is a sample of Municipal Codes when dealing with special improvement projects and their assessment. This may be used across the United States.
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FAQ

The PID Act provides for financing based on levying property taxes on land within a PID, imposing special levies based on benefit to property, front footage, acreage, cost of improvements (or other factors apart from assessed valuation), and by providing for use charges for improvements or revenue-producing projects or ...

PID: Public Improvement District These assessments are typically levied for a set number of years.

Statutes provide for taxing 7 categories of personal property: (1) livestock; (2) manufactured homes; (3) certain aircraft; (4) certain private railroad cars, (5) tangible personal property subject to special method of valuation including mineral property; property associated with oil, natural gas, carbon dioxide, or ...

Head of Household Exemption Widow or Widower; Head of Household furnishing more than one half the cost of support of any related person; or. A single person; and. Must be the primary property owner residing in the State of New Mexico.

WHAT ARE THE QUALIFICATIONS FOR THE VALUE FREEZE? The applicant must be 65 years or older OR disabled (proof of disability status is required). The applicant must be a New Mexico resident. The subject property must be the applicant's primary residence and an owner occupied, single-family dwelling.

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New Mexico Special Improvement Project and Assessment