Measure on the ballot in the 2018 New Mexico 2018 General Election in New Mexico.
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Get StartedA “yes” vote would authorize New Mexico to issue $12.876 million in bonds for public library resources in academic, public school, tribal, and other general public libraries.
A “no” vote does not authorize the state to issue $12.876 million in bonds for public library resources in academic, public school, tribal, and other general public libraries.
According to the League of Women Voters of New Mexico, government bonds must be paid back; they constitute a kind of loan. The costs of bonds in 2016 exceeded $186 million dollars. , in opposition to Bond Question B (Learn more)
Public libraries not only promote the education of the entire community, but also help bridge the education gap, as library resources are free. According to William Wilson of the Institue of Museum and Library Services, current Library Services and Technology Act (LSTA) funds are inadequate to meet the needs of all New Mexico residents - it translates to only 70 cents per person on an annual basis., in support of Bond Question B (Learn more)
According to the National Conference of State Legistlatures, there have been several other bond measures in the past two decades that have authorized up to $90.4 million dollars to make capital expenditures to library resource acquisitions, and these funds were improperly utilized., in opposition to Bond Question B (Learn more)
According to Fortune Magazine, additional bond measures would substantially increase the state's debt., in opposition to Bond Question B (Learn more)
This ballot measure would issue up to $12.876 million in bonds for public library resources for academic, school, tribal, and general public libraries.
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