Damian R. Lara, the Bernalillo County Assessor, has submitted the property abstract report to the New Mexico Property Tax Division (PTD) and provided the tax schedule for all taxable real and personal property for the year 2023 to the County Treasurer. This submission allows the County Treasurer, Nancy M. Bearce, to prepare and send out property tax bills according to a press release.
According to a press release from Bernalillo County, the Assessor's Office is dedicated to serving the residents of Bernalillo County with integrity, professionalism, and a commitment to public service. Led by Assessor Damian R. Lara, the office plays a vital role in assessing the value of taxable properties, including residential and commercial real estate, personal property such as business equipment, livestock, and mobile homes. They also identify all taxable properties in the county, establish their values, list them on the assessment roll, and apply applicable legal exemptions as required by law.
The property abstract report, which encompasses all properties within the county that are centrally assessed by the state, provides detailed information on property valuations, taxable values, exemptions, and net taxable values. This report is derived from the tax schedule generated by the Office of the Assessor. After receiving approval from the assessor, the property abstract report is forwarded to the state and subsequently delivered to County Treasurer Nancy M. Bearce. This process is essential for preparing and distributing property tax bills, which will be sent out in November 2023.
"I am honored to work cooperatively with the Assessor's Office on behalf of Bernalillo County residents," said Bernalillo County Treasurer Nancy Bearce. The delivery of the tax schedule is a crucial part of ensuring every property owner in the county is assessed fairly and equitably. The assessor's team worked diligently to ensure the accuracy of the tax schedule.
Damian R. Lara, the Bernalillo County Assessor, expressed his pride in delivering the tax schedule to Treasurer Nancy Bearce. "I am proud to deliver this symbolic USB to Madam Treasurer Nancy Bearce," he said.
With the submission of the property abstract report and tax schedule, Bernalillo County is on track to send out property tax bills to residents in November 2023. The cooperation between the Assessor's Office and the County Treasurer's Office ensures a fair and accurate assessment of property values and taxes for the benefit of the county's residents.
