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Clovis Municipal Schools Clarifies Property Tax Impact of 2025 Election Measures

Clovis Municipal Schools

September 16, 2026

FOR IMMEDIATE RELEASE

Clovis Municipal Schools Clarifies Property Tax Impact of 2025 Election Measures

CLOVIS, N.M. — Following recent reporting regarding local property tax rates, Clovis Municipal Schools is providing additional context about two school funding measures considered by voters in November 2025. The district’s residential property tax rate will increase from 7.473 mills to 9.473 mills for one tax year because the voter-approved bond and the existing two-mill Capital Improvement Act Tax will temporarily overlap.

Beginning with property tax bills issued in November 2027, the district’s residential rate is expected to return to 7.473 mills, assuming no other rates are imposed or approved by voters.

The two measures had different purposes and election outcomes:

  • Voters approved a $20 million general obligation bond dedicated to the renovation of Clovis High School.

  • Voters did not approve the continuation of the Capital Improvement Act Tax, commonly known as the SB9 or two-mill levy.

A mill is equal to $1 for every $1,000 of a property’s taxable value.

The district's tax-rate timeline is as follows:

  • Tax year 2025: The district’s residential property tax rate was 7.473 mills.

  • Tax year 2026: Property tax bills will reflect the higher rate of 9.473 mills. First-half payments will be due in November 2026, with second-half payments under this rate due in May 2027.

  • Tax year 2027: The existing two-mill Capital Improvement Act Tax will have expired, and the district’s residential rate is expected to return to 7.473 mills beginning in November 2027, assuming no other rates are imposed or approved by voters.

The rate will be higher for one tax year because the two-mill increase associated with the general obligation bond and the existing two-mill Capital Improvement Act Tax will both be in effect.

The Capital Improvement Act Tax was previously authorized by voters for tax years 2021 through 2026. Because voters did not approve its continuation, the existing levy is scheduled to expire before property tax bills are issued in November 2027. Its expiration is expected to offset the two-mill increase associated with the bond.

The two measures also support different needs. The general obligation bond provides $20 million for the renovation of Clovis High School. The Capital Improvement Act Tax has supported ongoing maintenance, repairs, technology, safety improvements and equipment across district facilities for more than 20 years.

“Clovis Municipal Schools is committed to ensuring our community has clear and accurate information about how these election outcomes affect local property taxes,” said Superintendent Renee Russ. “Property owners will see a higher district tax rate for one tax year while the two rates overlap. Based on current information, the district’s residential rate is expected to return to 7.473 mills beginning with property tax bills issued in November 2027.”

Individual property tax bills may vary because of changes in taxable property value, exemptions and rates associated with other governmental entities. Clovis Municipal Schools does not establish property values or determine tax rates for other entities.