Higher Education and Special School Bonds

New Mexico Ballot Measure - Bond Question 4

Election: General Nov. 4, 2008 (General)

Outcome: Passed

Categories:

Higher Education
Government Budget and Spending
Taxes

Summary


The 2008 Capital Projects General Obligation Bond Act authorizes the issuance and sale of higher educational and special schools capital improvement and acquisitioin bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed $140,133,000 to make capital expenditures for certain higher educational and special schools capital improvements and acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and for the collection of the tax as permitted by law?

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