Nov 04, 2024
ALBUQUERQUE, N.M. (KRQE) – Voters in Bernalillo County will have the opportunity to answer six General Obligation (GO) Bond questions on their ballot. These GO Bonds give funding to local projects. Story continues below News: Former New Mexico State Police officer faces charges related to Medicaid fraud Trending: Are rideshare companies overcharging New Mexico customers? News: 2 dead after fiery crash causes closure on I-40 Community: New Mexico Strange: Prominent Ghost Stories in Albuquerque's Old Town The GO Bond Budget is roughly $40.5 million every two years. "We don't go above $40.5 million because we know that level of funding will allow us to pay back the bonds without having to raise taxes. Because of the successful way that we manage our bonds, we can pay back at some of the lowest interest rates that you'll see on the market," Chief of Government Affairs Kathy Korte said. This year the six GO Bond questions relate to libraries, public safety, parks & recreation, transportation, storm drainage & utilities and housing. For more information on GO Bonds, click here.
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