Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • How investors should invest in mutual funds in today’s environment
    • These Monthly Dividend ETFs Pay Like Clockwork (Up to 8% Yields)
    • The Power of Flexibility: Understanding Flexi Cap Funds
    • Premium Bonds – Three winners scoop £50,000 in County Durham
    • Mutual funds increase investments in PSU banks in January; weight hits 3-year high
    • 3 Fidelity ETFs to Buy in February and Hold for a Decade (Or Longer)
    • This low duration mutual fund has grown ₹1 lakh lump sum nearly 4 times in 20 years
    • Gold, Silver ETFs Slide Up To 3% As Bullion Prices Drop; SEBI Mulls Steps To Check Volatility | Savings and Investments News
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Bond question two: Public Libraries
    Bonds

    Bond question two: Public Libraries

    October 21, 2024


    General Obligation bonds appear on New Mexico ballots every two years, according to the University of New Mexico, and there are no tax increases associated with them. GO bonds are public debts that are paid through statewide property taxes, according to Ballotpedia.

    The Public Libraries Bond Issue on the New Mexico ballot would issue $19 million in bonds to fund public libraries if it passes.

    Bond question two would provide respective departments $6 million for non-tribal public libraries, $1 million for tribal libraries, $6 million for academic libraries and $6 million for public school libraries, according to House Bill 308.

    Rep. Derrick Lente (D) sponsored the bill in the New Mexico House of Representatives.

    Libraries are essential to communities, Lente said. Not only are they a gathering place, he said, but they are also a means through which people can access Wi-Fi for school and business purposes.

    “They’re the hub for all of our communities. I mean, if you’re lucky enough to live close to a public library, you should feel very fortunate,” Lente said. “We want to expand that to make sure that everybody — no matter if you’re in rural New Mexico or in Downtown Albuquerque — should have access to a public library.”

    Mark Emmons, an associate dean at the University of New Mexico College of University Libraries & Learning Sciences, has been a librarian for over 30 years. He said he has seen firsthand the impact public library funding can have.

    “We could not fund all the collections that we fund without the general obligation fund,” Emmons said.

    The money is first used to cover access for all libraries in a given category, according to Emmons. Then, the money is portioned out based on the size of an institution, he said.

    UNM Libraries would spend its portion of the money on additional collections, making sure the University has “a collection that is robust enough for a research institution like ours,” Emmons said.

    Lente does not foresee any problems in passing the bond, he said.

    “I think at this point in time, people appreciate public libraries for what they are … especially when you’re going to pass a bond, it’s not going to raise your taxes,” Lente said. “It’s something that we will make sure we are funding appropriately through our own state coffers.”

    Enjoy what you’re reading?
    Get content from The Daily Lobo delivered to your inbox

    Subscribe

    Lente said he hopes that the bond will, first and foremost, support library access.

    The goal for the money is to ensure that “people have public libraries at their fingertips, or in some cases, their doorsteps,” he said.

    Addison Fulton is the culture editor for the Daily Lobo. She can be reached at culture@dailylobo.com or on X @dailylobo

    Elijah Ritch is a freelance reporter for the Daily Lobo. They can be reached at culture@dailylobo.com or on X @dailylobo





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Premium Bonds – Three winners scoop £50,000 in County Durham

    February 16, 2026

    Top Crypto Presale for 2026: UK Government Tokenizes Bonds with HSBC, but DeepSnitch AI Is Likely the Top Crypto Presale to Buy Now

    February 14, 2026

    Bonds Close Out Epic Week of Resilience With Friendly Data

    February 13, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    These Monthly Dividend ETFs Pay Like Clockwork (Up to 8% Yields)

    February 16, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    How investors should invest in mutual funds in today’s environment

    February 16, 2026

    Asset allocationAll investment experts highlighted the importance of taking an asset allocation approach to investing,…

    These Monthly Dividend ETFs Pay Like Clockwork (Up to 8% Yields)

    February 16, 2026

    The Power of Flexibility: Understanding Flexi Cap Funds

    February 16, 2026

    Premium Bonds – Three winners scoop £50,000 in County Durham

    February 16, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Is T. Rowe Price Health Sciences (PRHSX) a Strong Mutual Fund Pick Right Now?

    August 14, 2025

    Mutual Funds: This Defence-Focused Fund Rockets To Nearly 60% Returns In Two Years—Are You Invested?

    July 5, 2025

    Solana Meme Coins and ETFs Are Hot, But the Real 100x Gains Are in Presales Like Noomez ($NNZ)

    October 31, 2025
    Our Picks

    How investors should invest in mutual funds in today’s environment

    February 16, 2026

    These Monthly Dividend ETFs Pay Like Clockwork (Up to 8% Yields)

    February 16, 2026

    The Power of Flexibility: Understanding Flexi Cap Funds

    February 16, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.