Millions in state bonds on New Mexico ballot
New Mexico voters are being asked to approve tens of millions of dollars worth of construction projects at higher education institutions across the state, including a new $27 million physics and astronomy building on the University of New Mexico campus.
While higher education is the biggest ticket on the ballot, voters will also decide state bond issues for a variety of other infrastructure improvements – new buildings, senior center improvements, more books for libraries, state information technology and even a crime lab.
Bond C, at about $142.3 million is the largest, funding construction projects at universities, colleges and special schools across the state. UNM officials have estimated the higher education projects would require about 1,300 new construction jobs throughout the state if approved.
“Bond C is going to provide millions of dollars to higher education institutions across the state for a variety of improvements and renovations that might not be possible otherwise, all without raising taxes,” said University of New Mexico President Bob Frank.
Read more: https://www.abqjournal.com/872094/four-state-bonds-on-ballot-worth-millions.html