De Baca, Roosevelt counties receive PILT funds

CNJ staff New Mexico counties will share more than $32 million in federal payment in lieu of taxes (PILT) money, according to a release from U.S. Sen. Jeff Bingaman, D-N.M. The PILT program, administered by the Department of Interior, compensates counties for federal property that cannot by taxed by local governments, including military bases and […]

Press release: Bingaman announces PILT funding for N.M. counties

WASHINGTON – U.S. Senator Jeff Bingaman today reported that New Mexico counties will share more than $32 million this year in payment in lieu of taxes (PILT) funds. PILT, which is a program administered through the Department of Interior, compensates counties for federal property such as military bases and national parks, which cannot be taxed […]

No PILT dollars for Curry

New Mexico traditionally receives more federal Payment in Lieu of Taxes (PILT) dollars than any other state. This year, 32 New Mexico counties will share more than $22.4 million. The federal government owns at least 33 percent of the land in New Mexico, according to a news release from U.S. Sen. Pete Domenici, R-N.M. PILT […]