Higher Education Improvements Bond Issue is on the November 3, 2026 ballot in New Mexico.
What it does
Authorize up to $230 million in general obligation bonds for capital improvements and acquisitions at higher education institutions, special schools, and tribal schools, funded by a statewide property tax
On your ballot
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 two hundred thirty million dollars ($230,000,000) 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
A "yes" vote supports authorizing up to $230 million in general obligation bonds for capital improvements and acquisitions at higher education institutions, special schools, and tribal schools, funded by a statewide property tax.
