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Measure Details

Bond Question C

New Mexico Ballot Measure - Measure

Election: Nov. 8, 2016 (General)
Outcome: Passed

Categories:
Education
Government Budget and Spending

Yes
442,149
(63.35%)

No
255,835
(36.65%)

Summary

Bond Issue C asks for, in an amount not to exceed $142.356 million to make capital expenditures for certain higher educational, tribal, and special schools capital improvements and acquisitions;

Measure Text

The 2016 Capital Projects General Obligation Bond Act authorizes the issuance and sale of higher education, special schools and tribal schools capital improvement and acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed one hundred forty-two million three hundred fifty-six thousand dollars ($142,356,000) to make capital expenditures for certain higher education, special schools and tribal 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 the collection of the tax as permitted by law?

FOR ( ) AGAINST ( )

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