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Current as of January 01, 2024 | Updated by Findlaw Staff
The aggregate total of all taxes levied by a community service district for all purposes shall not exceed a rate of ten dollars ($10.00), or any lower maximum amount required by operation of the rate limitation provisions of Section 7-37-7.1 NMSA 1978 upon taxes levied pursuant to the Community Service District Act, on each one thousand dollars ($1,000) of net taxable value, as that term is defined in the Property Tax Code, of taxable property within this community service district.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 4. Counties § 4-54-4. Tax limitation - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-4-counties/nm-st-sect-4-54-4/
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