Bernalillo County – The 2021 property abstract, for all real and personal property subject to property taxation, has been signed by Bernalillo County Assessor Tanya R. Giddings. The abstract is derived from the tax schedule produced by the Office of the Assessor, and it shows the valuation of the different kinds of property valued by the assessor, the taxable values, exemptions allowed and the net taxable values. The abstract of the tax schedule that gets sent to the state Property Tax Division on Oct. 1, also includes property valued by the state Property Tax Division. These values are based upon market conditions as of Jan. 1, 2021.
The tax schedule contains the legal description of property in the county and its location; the property owner name and address and any person or entity other than the owner to whom the tax bill will be sent to; the value of the property determined for ad valorem purposes; the tax ratio; the taxable value of the property, which is one-third of the full value of the property by state statute; the net taxable value of the property after any deduction that a property owner filed and qualified for in the current tax year; any exemption or special method allowed; the allocations of net taxable value to the governmental units; the tax rate in dollars per thousand of net taxable value for all taxes imposed on the property; the amount of taxes due on the described property; and the amount of any penalties and interest already imposed and due on the property.
The totals below represent real property, manufactured homes, livestock and business personal property accounts. Centrally assessed property as valued by the Property Tax Division is included in these totals.
- Total assessed value: $22.4 billon
- Total net taxable value: $18.4 billon
- Total parcel count: 275,309
“As a reminder, property owners should report any changes that affect their property’s ownership, mailing information, description, valuation and apply for any property exemption that they may qualify for,” says County Assessor Tanya R. Giddings.
The Assessor’s Office recommends that property owners carefully review all of the information on their notice of value statement that gets mailed to them in the spring from the Office of the Assessor and take the opportunity to apply for any applicable tax saving benefits. Visit bernco.gov/assessor or call 505-222-3700 for more information.
Once the assessor approves, the abstract is sent to the state and is presented to the county treasurer including a copy of the tax schedule. The delivery of the tax schedule allows the office of the county treasurer to prepare and mail out the 2021 property tax bills. There are limited reasons, by state statute, for making a change to the tax roll. Most often changes can be made by filing a claim for refund in district court no later than 60 days after the first payment of the property tax is due and after payment has been made to the Bernalillo County Treasurer’s Office.
For more information on the property tax roll abstract report visit the assessor data page on bernco.gov/assessor, and for other useful assessment information.