Click here for unofficial election results from the New Mexico Secretary of State.
Voting for Bond B in the 2012 general election will not result in any increase in property taxes for any New Mexico property owner.
According to the New Mexico State Board of Finance,
“The maximum size of the bonds is $140.2 million. Based on current projections, the State Board of Finance estimates that this is the maximum bond size that can be issued while keeping the State property tax mill levy roughly flat at the current rate of 1.36 mills. If all three ballots are approved by the voters in November 2012, the average cost to the owner of a property worth $100,000 over a 10-year period will be $8.04 per year. Of that $8.04 average cost per year, $6.88 is attributable to the higher education ballot, $0.59 to the senior facilities ballot, and $0.56 to the library acquisitions ballot. Absent voter approval of the ballots, the State property tax mill rate could be expected to decline slightly.”
The annual cost of GO Bond B, $0.56, is part of a total bond cost that will keep property tax levels flat.
Although this year’s photo contest is over, it is not too late to share your photos! Kudos to the NMSU Library for the latest photo submission. Contact firstname.lastname@example.org with any questions.
The Voters’ Guide by the League of Women Voters of Central New Mexico is now available. Click here to access the PDF.
Help us support GO Bond B! Download and print out table tents to remind your patrons about GO Bond B. The file is intended for 11×17 paper, but sizes nicely when printed on letter-size paper.
Libraries in Valencia County are using local school mascots to mobilize voters.
Grant County secured an endorsement from a political party.
“We Democrats recognize the high value of libraries, senior citizen facilities, and universities for the good of all New Mexicans,” notes Manzanarez. “Especially here in Grant County, an essential part of our community – Western New Mexico University – has charted an expanded future. WNMU deserves our strong support which will return benefits a hundred fold. And in this period of low interest rates, the costs will likely be negligible or none.”
Magdaleno Manzanarez, VP for the Grant County Democratic party.
New Mexico Bond B can make a big difference to your community without a significant hit to your wallet. According to the New Mexico State Board of Finance, the average cost to the owner of a property worth $100,000 over a 10-year period for Bond B will be $0.56 per year.
For more information on the estimated tax costs of 2012 NM Bonds, click here.
On November 6, Vote Yes on Bond B!
Projected 2012 GO Bond “B” allocations are now available for academic, public, school, and tribal libraries. Find them here.