Tax Information
Tax rates and financial assistance for businesses in Grant County
Grant County Tax Rates
| Gross Receipt Tax Rates | ||
|---|---|---|
| Municipality | Location Code | Rate |
| Bayard | 08-206 | 7.2500% |
| Hurley | 08-404 | 7.2500% |
| Santa Clara | 08-305 | 7.2500% |
| Silver City | 08-107 | 7.3750% |
| Remainder of County | 08-008 | 6.1875% |
| Property Tax Rates | ||
|---|---|---|
| School District | Residential | Non-Residential |
| 1-IN | 0.018283 | 0.025385 |
| 1-OUT | 0.016699 | 0.022618 |
| 2-B | 0.019152 | 0.025902 |
| 2-C | 0.018584 | 0.024949 |
| 2-H | 0.019200 | 0.024400 |
| 2-OUT | 0.017901 | 0.02367 |
Financial Assistance
Financial Development Team (FDT)
If you are looking for an expert to guide you to the right financing tools, the Financial Development Team (FDT) is ready to help. FDT services include: financial packaging (Debt or Equity) and/or accessing capital; review and interpretation of company financial statements; in-depth financial analysis; and client consultations concerning all aspects of doing business.
Team members also help their clients access programs like Smart Money and New Market Tax Credits, and they partner with organizations such as USDA, the SBA, The Loan Fund, and other micro-lenders. The Team works closely with every program in the Department and assists with every type of company, from technology commercialization to rural retail and service businesses.
Please contact us for assistance connecting with the Financial Development Team.
New Mexico is traditionally competitive in attracting entrepreneurs and small businesses, and has developed programs to entice organizations both large and small to locate – or relocate - in the Land of Enchantment. State and local governments have worked together to open avenues for economic development: provisions for tax incentives and programs for economic growth are widely available to attract new businesses and investors to this region.
Need Tax Assistance?
Contact us for detailed information about tax incentives and financial programs available to your business.