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Sandoval County reports strong first-half tax collections; 58% of 2024 roll collected
Summary
County officials reported sizable first-half property tax collections and outreach results: multiple collection channels yielded tens of millions of dollars and the county reported a 58.44% collection rate of the 2024 tax roll to date.
Chief Deputy McParland and Treasury Operations Manager Holly Aguilar reported that Sandoval County collected a substantial share of its 2024 property tax roll during first-half collection activity and described outreach used to reach delinquent taxpayers.
Chief Deputy McParland said first-half batch payments (mortgage/escrow/tax servicing agents and large accounts) totaled $47.2 million and that tax-researcher-processed payments totaled $35.4 million. He said web and point-of-sale payments totaled $14.8 million and that New Mexico Bank & Trust processed about $18.9 million through lockbox services. Outreach collection sites in rural libraries processed about $135,000, McParland said.
Taylor and Aguilar reported other metrics. As of Jan. 30, the treasurer's office recorded approximately 8,000 delinquent accounts; tax researchers have been contacting delinquent taxpayers and the office plans a mailed "friendly reminder" in March and continued text-message outreach to those who have opted in.
Holly Aguilar said county staff had collected 58.44% of the 2024 tax roll to date, reporting "we collected more than $84,000,000 and only have $80,600,000 left to collect." Aguilar said that raised the county's 10-year collection rate to 93.8%.
Aguilar also reported gross receipts tax receipts of $6.6 million for the county's second fiscal-quarter collections, noting that figure was about $1.2 million higher than fiscal year 2022–23 but about $609,000 lower than the most recent prior year. She attributed the year-over-year decline to reduced Lehi revenues tied to slowing construction at the Intel Lida project.
