Mon. Oct 26th, 2020

Tax rededication passed but not until state and federal shares are provided

CLOVIS (KSMX)- The Clovis City Commission, passed an ordinance rededicating a .25% property tax increase to potentially pay for 15 million dollars in construction for the interim groundwater project of the Eastern New Mexico Rural water system.

However, it will not go into effect until and unless both the $30 million state share and the $40 million federal share are provided on or before March 2022.

The $90 million project, with $30 million paid by the state and $40 million paid by the federal government, would eventually connect to the Ute Reservoir in Quay County but would in the interim act as a functional water delivery method for water authority members.

The property tax would add 52.80 dollars annually per 100,000 dollars of commercial or residential property.