Cobol County Treasurer
|PH: (505) 285-2522
Fax: (505) 285-2560
The County Treasurer is the Property tax collector and Investment Officer for public funds Cobol County, As Tax collector, the treasurer bills and collects current and delinquent taxes, including taxes on real property, personal property, manufactured homes and miscellaneous monies from all Departments. The treasurer works closely with the Assessor who certifies the rates for all of above taxes and obligated to collect all taxes. Accurate records must be kept for all current and delinquent taxes. The treasurer must provide the taxpayer a tax bill by mail on November 1st of each year, with the first ½ being due by December 10th to avoid delinquent charges of penalty and interest and second ½ payment being due by May 10th of the following year. Pursuant to Section 7-38-49 and 50 NMSA 1978. If property taxes become delinquent, a one percent (1%) interest and one percent (1%) penalty shall be imposed, but the total penalty shall not exceed five percent (5%). Taxes may be paid in person, by mail, over the phone or online.
Chief Deputy Treasurer
The Treasurer’s office serves as the “Counties Banker” and is responsible for collecting and depositing monies from property tax collection and from all operations of County departments i.e. Clerks, DWI, Compliance, Sheriffs fees and other services the County may provide. The treasurer disburses tax collection on the 15th of each month to appropriate governmental agencies and keeps all books and records readily available for review by any taxpayer, the county commission, the State Department of Finance and the Auditors.
Delinquency notices are mailed to property owners for any tax bill that is 30 or more day delinquent as of June 30 of each year. The notice will stress that if the taxes, penalty and interest are not paid within two years from the date of delinquency the property records will be turned over to New Mexico State Taxation and Revenue property tax collection and has the risk of being sold at public auction.
Investments As the Investment Officer for the County the Treasurer is responsible for all invests of public funds for the county with the advice from Board of Finance and members of the Investment committee. The treasurer invests funds based on the rules, regulations, statutes and the Cibola County Investment policy. The majority of the investments are made through local banks in Cibola County to stimulate and improve the economy of Cibola County and its residents.
Prepayment Option In March of 2014, commission approved by resolution to make available to the taxpayer a prepayment plan. This allows the taxpayer to 10 monthly installments beginning June 1 of the year in which the bill is prepared and ending March 1 of the following year the first nine monthly payments shall each in an amount equal to 10 percent of the prior years property tax bill and the final payment on March 1 shall be in an amount equal to balance of the tax due, as indicated on the tax bill prepared and mailed.
To be eligible for this program you must be current with property taxes. This option is not available if your taxes are escrowed and included in your monthly payment. Once enrolled the taxpayer will have to sign a prepayment agreement and receive ten payment coupons beginning June 1 of the year in which the estimated tax bill is prepared and ending March 1 of the following year.
Please be advised that if the balance of the property taxes is not paid by the delinquent date, penalty and interest will accrue and the monthly tax agreement will be void and terminated. All monthly tax payments are non-refundable.
*In accordance with 7-38-49 and 7-38-50 NMSA, “…interest on the unpaid taxes shall accrue from the thirtieth day after they are due until the date they are paid… If property taxes become delinquent, a penalty of one percent of the delinquent taxes for each month shall be imposed, but the total penalty shall not exceed five percent of the delinquent taxes...”
We are open to the public during the following business hours:
Monday through Friday from 8:00 am until 4:30 PM. and closed for business on Saturdays, Sundays and County Holidays.
NOTICE OF NEW MAILING ADDRESS FOR PAYMENTS:
CIBOLA COUNTY TREASURER
PO BOX 913097
DENVER, CO 80291-3097
AS OF NOVEMBER 1ST 2017 THE CIBOLA COUNTY TREASURER IMPLEMENTED A LOCKBOX PROCESS IN WHICH ALL PAYMENTS MAILED IN WOULD BE PROCESSED IMMEDIATELY BY WELLS FARGO BANKING PROCESS CENTER IN DENVER, COLORADO. THERE IS NO FEE TO THE TAXPAYER.
Cibola County Treasurer's Office will be closed on the following dates:
Monday, December 24, 2018
Tuesday, December 25, 2018
Monday, December 31, 2018
Tuesday, January 1. 2019
WEB SITE FOR DELINQUENT PROPERTY AUCTIONS