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Assessor to mail Notices of Value April 1; veterans exemptions expanded under recent legislation
Summary
Chief Deputy Assessor Linda Gallegos said NOVs will be mailed April 1 with a May 1 deadline to protest values or apply for exemptions; recent legislation (effective Feb. 25, 2026) expanded veterans' exemptions and a mobile veteran-services vehicle will visit April 15–16 to issue eligibility certificates.
Chief Deputy Assessor Linda Gallegos told the commission that Notices of Value (NOVs) will be mailed April 1 and taxpayers will have 30 days (until May 1) to apply for exemptions or file valuation protests. The NOVs will include residential and non-residential values, business personal property and livestock values; late exemption filings will apply starting the next tax year.
Gallegos described recent changes to veteran exemptions effective Feb. 25, 2026, including an increase in the regular veterans exemption from $4,000 to $10,000 off taxable value and an expanded percentage-based disabled-veteran exemption. She also outlined outreach dates and said the NM Department of Veteran Services will send a mobile vehicle to Estancia April 15 and to Mountainair April 16 to issue certificates of eligibility on-site.
Gallegos noted administrative requirements for livestock reporting: "Livestock: Must be rendered between Jan 1-Feb 28," and urged producers to submit blue livestock forms and business personal-property reports on time to avoid penalties.
