UNM-LA Bonds & Bond 3
Bond 3, also known as the General Obligation (GO) Bond, will appear on the 2026 general election ballot. Considered by voters every two years, the bond provides funding for capital improvement projects at educational institutions across New Mexico. In 2024, Los Alamos County voters approved UNM-Los Alamos bonds that fund capital improvement projects for the UNM-Los Alamos campus.
Bond 3
General Obligation (GO) bonds are the primary source of capital improvement funding for New Mexico's higher education institutions. They come before voters every two years and are funded by property taxes. Passage of the bond will not increase property tax rates; it is neither a new tax nor an increase in the rate of an existing tax.
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UNM-LA Bonds
The advisory board for The University of New Mexico Los Alamos Branch (UNM-LA) Community College District asked Los Alamos County voters to decide on $3 million of general obligation bonds for campus improvement projects in the November 2024 election. Seventy-three percent of Los Alamos County voters who cast ballots in the election said yes to the bonds.
The state is matching the county’s $3 million in support with another $9 million,
providing a total of $12 million towards UNM-LA capital improvement projects. The
money is being used towards new campus projects.
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