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Residents near town to get tax cut

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Property valuations drop with water levels

By David Giuliani

Nine households southwest of Las Vegas will see a substantial drop in their property taxes next time around.

That’s because the residents successfully argued to a valuation board that their loss of water has diminished the value of their properties.

Earlier this month, the San Miguel County Valuation Protests Board ordered the county to reduce the residents’ property values by a third.


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Las Vegas Optic | circulation@lasvegasoptic.com | 505-425-6796
P.O. Box 2670, 614 Lincoln Street, Las Vegas, NM 87701
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