New Mexico § 5-8-15 - Credits against facilities fees

Full text of New Mexico New Mexico Statutes Annotated § 5-8-15 — Credits against facilities fees, with citation guidance and answers to common questions.

§ 5-8-15. Credits against facilities fees

Any construction of, contributions to or dedications of on-site or off-site facilities,

improvements, or real or personal property with off-site benefits not required to

serve the new development, in excess of minimum municipal and county standards established

by a previously adopted and valid ordinance or regulation and required by a municipality

or county as a condition of development approval shall be credited against impact

fees otherwise due from the development. The credit shall include the value of: A. dedication of land for parks, recreational areas, open space trails and related

areas and facilities or payments in lieu of that dedication; and B. dedication of rights of way or easements or construction or dedication of on-site

water distribution, wastewater collection or drainage facilities, or streets, sidewalks

or curbs.

Source: official New Mexico text · Last verified 2026-08-27

Frequently Asked Questions About New Mexico § 5-8-15

What does New Mexico Statutes Annotated § 5-8-15 cover?

Section 5-8-15 ("Credits against facilities fees") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite New Mexico § 5-8-15?

A common citation format is "New Mexico Statutes Annotated § 5-8-15" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of New Mexico law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.

How does New Mexico § 5-8-15 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.