VALENCIA COUNTY, N.M. —

The treasurer for Valencia County released a statement to residents to request holding off payment for property taxes until a corrected bill is received.

Treasurer Ron Saiz stated the 2025 property tax mill rates for Valencia County were determined using an incorrect net taxable value. He said the Local Government Division of the Department of Finance and Administration is working to correct the mill rates.

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The revised property tax bills will be issued after the corrected rates are provided, according to Saiz. Residents are being asked to refrain from submitting and remit their payment on property taxes until the corrected tax bill has been sent out.

Payments based on the incorrect mill rates will have t

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