Bond Question D -

Summary

A “yes” vote would authorize New Mexico to issue $136.230 million in bonds for higher education institutions, special schools, and tribal schools statewide. The funding could be used for infrastructure development, building renovation, and new construction.

A “no” vote does not authorize the state to issue $136.230 million in bonds for higher education institutions, special schools, and tribal schools statewide.

Arguments

While New Mexico ranks high among states in state funding for higher education, the number of students who graduate from college is much further behind. It is important for the state to focus on how to support students, rather than the institutions themselves., in opposition to Bond Question D (Learn more)

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 D (Learn more)

According to the New Mexico Senate, there are 30 different projects for higher education institutions, special schools, and tribal schools under this bond measure that will have a significant impact on the respective campuses and communities. Higher education is important for financial security, economic growth, and quality of life, and thus, state funding should be allocated towards bettering those institutions., in support of Bond Question D (Learn more)

General obligations bonds force residents to pay the debt services on bonds through property taxes., in opposition to Bond Question D (Learn more)

Measure Details