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Officials may mull tax hike

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By Arin McKenna

The possibility of raising taxes is also likely to be a controversial issue. The agenda documentation for Tuesday's council session includes a comparison of the Los Alamos County’s taxes with the rest of the state.

The comparison shows that the county’s rates are considerably below average. The summary includes:

• Los Alamos ranks 23rd lowest GRT rate of the 33 counties. (7.3125 percent — this is .2519 percent or more than a ¼ cent less than the average of 7.5644 percent)

• Los Alamos has the lowest (ranked 33rd) imposed Property Tax rate of all 33 counties. (10.598 mils; next lowest is 2.477 mils higher at 13.075 mils; Los Alamos is 5.515 or 34 percent below the average of 16.1133 mils)
• Los Alamos ranks 32nd and 33rd lowest for residential and non-residential, respectively, levied mil rates.

• If adjusted by adding two mils of property tax, Los Alamos would still have the lowest imposed Property Tax rate.

• If adjusted by adding a new 1/16th cent GRT increment, Los Alamos would rank 22nd lowest GRT rate.

Find more on this and other agenda documentation at losalamosnm.us.
 


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