Bond money will help fund higher education without raising property taxes while creating jobs
September 15, 2014
This fall voters in Quay County will have the opportunity to invest in the state’s public colleges and universities without any increase to their property taxes. General Obligation Bond C (also referred to as GO Bond C) proposes a total of $139,755,000 for New Mexico’s public colleges and universities, of which $650,000 will be allocated to Mesalands Community College. These funds will be used to renovate and replace the roofs of buildings A, C, and D, and to also upgrade heating ventilation and air conditioning systems. These voter-approved projects are estimated to create 1,400 jobs in 21 counties around New Mexico, all without increasing property taxes.
Voter-approved GO Bond C funding is the only source of funding for many New Mexico-based public colleges and universities. Many institutions use GO Bond C as an opportunity to repair and renovate aging structures, while others invest in critical science, technology, engineering and math (STEM) programs essential to the state’s schools remaining competitive and attracting the best and brightest students from around the globe.
“A vote on GO Bond C will ensure that Mesalands Community College will have the funding available to provide an education that will prepare our students to be successful and competitive in the global marketplace,” said Dr. Thomas W. Newsom, President of Mesalands Community College.
GO Bond C will not only invest more than $139 million into our state’s colleges and universities, but will do this without creating any additional financial burden on New Mexico’s taxpayers. In fact, these projects will inject much-needed life into communities throughout the state that are still in an economic recovery cycle.
By reinvesting in what taxpayers have already funded, our state’s institutions of higher learning can modernize and remain globally competitive. Maintaining and upgrading aging structures and equipment allows colleges and universities to educate and train students for high-paying careers and encourages them to stay in our state after graduation, contributing to our economy.
Absentee voting begins on October 7th and ends on Election Day, when absentee voters have the option to hand-deliver their completed ballot to any polling location within Quay County. Early voting begins on October 18th and runs through November 3rd, and Election Day is Tuesday, November 4th, with polls open for in-person voting from 7 a.m.–7 p.m.
A complete guide to each GO Bond C project can be found by visiting www.higheredbondc.com.
Funding for the GO Bond C Campaign is provided by the 2014 G.O. Bond for Education Committee, Dr. Gerald Burke, Chairman, Executive Committee, 1742 Regal Ridge, Las Cruces, NM,( 575) 639-2041.