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Bond Question 3: Higher Education

Bond Question 3: Higher Education

No official arguments Upcoming Bond budgettaxeseducation As of 2026-10-10
Data note

NCSL title "School Improvement" vs official "Higher Education" (higher education, special schools and tribal schools). Bond Question 3 text in guide opens with a stray double quote (โ€œ"The 2026...) and lacks a closing quote; stripped.

No official pro/con arguments published for GO bond questions.

fiscal_impact is the guide's summary of amounts (source NM DFA); no per-taxpayer estimate published (State Board of Finance sets after election).

Ballot text (Bond question as printed in SOS voter guide)

The 2026 Capital Projects General Obligation Bond Act authorizes the issuance and sale of higher education, special schools and tribal schools capital improvement and acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed three hundred fifty-two million two hundred twenty five thousand three hundred seventy-nine dollars ($352,225,379) to make capital expenditures for certain higher education, special schools and tribal schools capital improvements and acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?

What a YES vote means

Not published by the state

What a NO vote means

Not published by the state

Explanatory statement

Not published by the state

Fiscal impact

Summary: The three 2026 bond questions ask for voter approval to issue and sale general obligation bonds as follows: Bond Question 1, in an amount not to exceed $21,582,213 to make capital expenditures for certain senior citizen facility improvement, construction and equipment acquisition projects; Bond Question 2, in an amount not to exceed $19,324,188 to make capital expenditures for academic, public school, tribal, and public library resource acquisitions; and Bond Question 3, in an amount not to exceed $352,225,379 to make capital expenditures for certain higher education, special schools, and tribal schools capital improvements and acquisitions. The total for all three questions, including bond issuance costs, is $393,131,780.

Argument FOR

Not published by the state

Argument AGAINST

Not published by the state

Both columns use the same layout. Text is quoted from the official state guide. Views expressed belong to the argument authors.

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