Municipal Event Center Surcharge

If a municipal event center is located within a specific municipality, the municipality may establish an event center surcharge by ordinance. The surcharge should not be less than five percent of each vendor contract entered into by that municipality. If the municipality elects to do so, it may establish the surcharge at a higher percentage than five percent (Section 3-66-4 NMSA 1978).

Two percent of each vendor contract is distributed monthly to the Tax Administration Suspense Fund.

back to list