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The County Treasurer is the Property Tax Collector and Investment Officer for Santa Fe County. Approximately 60,000 real property, personal property and mobile home tax bills are sent out annually. We also send out 24,000 informational tax bills annually to notify taxpayers who escrow their property taxes that either a mortgage company or taxpaying service has requested their tax bill. The Treasurer has also implemented a process of sending out two delinquent tax notices semi-annually usually scheduled for mid February and mid August.
The Treasurer's Office also serves as the "County's Banker" and is responsible for collecting and depositing monies from property tax collections and from all operations of County departments i.e. refuse permits, utilities, land use permits, ambulance fees, and other services the County may provide. For tax year 2010 the Treasurer's office is scheduled to collect $149,044,281.54 and through September 30, 2011 had collected $142,629,721.03 for a collection rate of 95.69 percent.
Taxes collected by the Treasurer are distributed to the statutory beneficiaries of the County which include Santa Fe Public Schools, Pojoaque Public Schools, Espanola Public Schools, Moriarty Public Schools, Santa Fe Community College, Edgewood Soil and Water District, and the Eldorado Water and Sanitation District. Approximately 40 percent of all taxes collected go to the above mentioned beneficiaries; the County also receives about 40 percent of the taxes collected. The Treasurer also collects and distributes taxes for the County's Debt Service; the State's Debt Service; the Rancho Viejo Special District; and the Children's Trust. These beneficiaries receive the balance of the taxes collected roughly 20 percent.