PENALTY AND INTEREST ON DELINQUENT TAX

For specific penalty and interest amounts due, contact the Treasurer's Office.

Penalty and interest on delinquent amounts are calculated as follows:

Penalty: 1% per month on delinquent TAX AMOUNT ONLY - 5% maximum

Interest: 1% per month on delinquent TAX AMOUNT ONLY - no maximum

REAL PROPERTY THAT IS DELINQUENT FOR 3 YEARS IS REPORTED TO THE STATE OF NEW MEXICO PROPERTY TAX DIVISION IN JULY OF THE 3RD YEAR OF DELINQUENCY. ONCE REPORTED, ALL TAXES PLUS A STATE COST FEE MUST BE PAID TO KEEP THE PROPERTY FROM BEING SOLD AT AUCTION. REAL PROPERTY THAT IS FOUR YEARS DELINQUENT IS AUCTIONED BY THE STATE OF NEW MEXICO.