New Mexico Bond Question 1: Senior facilities
New Mexico · General obligation bond · Bonds · Statewide decision
Explanation reviewed 2026-10-27. AI-written and checked against linked official evidence; not an election-office summary.
AI-written summary
Would authorize up to $21,582,213 in general obligation bonds for senior facilities, including eligible projects and equipment. Property taxes would support principal, interest and issuance costs.
What applies now
The state does not yet have voter authorization for this proposed bond issue.
If yes / for
Authorize the borrowing and related property-tax levy.
If no / against
Do not authorize this bond issue.
Costs and funding
Principal authorization: up to $21,582,213. Interest and issuance costs are additional; no per-household estimate is recorded here.
Timing
Implementation date not independently established in this baseline.
Passage rule
Threshold not independently established here; consult the official text.