2016 General Obligation Bonds for Public and Tribal Public Libraries (see the actual Act SB122 that will be on the ballot below)
New Mexico State Library administers GO Bond funds for the public libraries.ALLOCATIONS
Projected Allocations are based on the 4.5.8 NMAC, most current Census Information available, and Library eligibility.
Our local libraries will receive:
Capitan Public Library: $6,164
Corona Public Library: $4,250
Mescalero Community Library: $ 41,534
Ruidoso Public Library: $ 26,696
School library funds are administered by the Public Education Department. More information on school library GO Bond funds can be found on the PED website at http://www.ped.state.nm.us/Humanities/Library/index.html
Academic library funds are adminstered by the Higher Education Deparment. Please visit their website at: http://www.hed.state.nm.us
The purpose of the New Mexico public library general obligation bond program is to provide supplemental funds for public library resources when such funds are approved by the legislature and/or the voters in statewide elections. Funds for the public library bond program are intended to supplement local effort in providing local public library service. The public library bond program funds public library resources and equipment for public libraries statewide, including the rural library services of the state library.
SB122, 2016 Capital Projects General Obligation Bond Act"
was approved by the 2016 New Mexico Legislature and will require the approval of the registered voters at the 2016 General Election of the State.Language from the law [SFA/SB 122, pp. 22-23]:
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