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Jemez Springs council adopts ordinance raising municipal gross receipts tax
Summary
At its Sept. 17 meeting the Village of Jemez Springs adopted Ordinance 201 unanimously, increasing the municipal gross receipts tax by 0.2375 percentage points — from 7.1875% to 7.425%. Trustees voted 4–0; no effective date was specified in the minutes.
The Village of Jemez Springs Village Council voted unanimously Sept. 17 to adopt Ordinance 201, raising the municipal gross receipts tax rate by 0.2375 percentage points to 7.425%.
The move, made by Trustee Robert Wilson and seconded by Trustee James McCue, followed a brief discussion of the current rate and the limits set by state law. Council members noted the village is authorized by statute to implement a gross receipts tax rate up to 2.5% without a public referendum and an additional 0.45% with a referendum. The minutes record the vote as unanimous; Trustee Judy Boyd was absent from the meeting.
The council did not include an effective date for the ordinance in the meeting minutes. The minutes also do not specify how the additional revenue will be allocated. The action was listed on the agenda as a new business item and was approved in a single motion.
Trustee Wilson moved to adopt the ordinance; Trustee McCue seconded. The motion passed unanimously.
