2011 New Mexico Statutes
Chapter 5: Municipalities and Counties
Article 11: Public Improvement District, 5-11-1 through 5-11-27
Section 5-11-17: Finances.


NM Stat § 5-11-17 (1996 through 1st Sess 50th Legis) What's This?

5-11-17. Finances.

The projects to be constructed or acquired as shown in the general plan may be financed from the following sources of revenue:

A. proceeds received from the sale of bonds of the district;

B. money of the municipality or county contributed to the district;

C. annual property taxes or special levies;

D. state or federal grants or contributions;

E. private contributions;

F. user, landowner and other fees and charges;

G. proceeds of loans or advances; and

H. any other money available to the district by law.

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