New Mexico Senior Citizen Facilities Bond
A "yes" vote supports authorizing the sale and issuance of $10.77 million in bonds for senior citizen facilities, including to address code compliance issues and purchasing new equipment and vehicles.
A "no" vote opposes authorizing the sale and issuance of $10.77 million in bonds for senior citizen facilities, including to address code compliance issues and purchasing new equipment and vehicles.
The bond measure would issue no more than $10.77 million in general obligation bonds to address code compliance issues and purchasing new equipment and vehicles for senior citizen facilities across the state. A general obligation bond is a public debt and is paid for through state funds, specifically funds from a statewide property tax in New Mexico