Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Best SIP mutual funds: Top 10 schemes with up to 27% annualised returns — ₹10,000 monthly SIP grows to ₹49 lakh in 10 years – Money News
    • Capri Global Capital annonce que Quant Mutual Fund augmente sa participation dans la société à 5,96 %
    • Rs 6,000 SIP Vs Rs 6,00,000 Lump Sum: Which can generate a higher corpus in 30 years?
    • Jio BlackRock Mutual Fund makes debut with three debt scheme launches
    • L’intégrale de BFM Bourse du lundi 30 juin
    • BFM Bourse : 17h/18h – 30/06
    • Is UTI Large & Mid Cap Fund right for you? Key insights for 2025 investors
    • Top & Flop ETFs of the First Half of 2025
    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

    Voici nos 12 idées de sorties à Lille et dans ses alentours pour ce dimanche 29 juin

    June 28, 2025

    MLB : Une statue de Barry Bonds sera installée aux abords du Oracle Park

    June 26, 2025

    San Francisco | Barry Bonds aura une statue aux abords du Oracle Park

    June 26, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Best SIP mutual funds: Top 10 schemes with up to 27% annualised returns — ₹10,000 monthly SIP grows to ₹49 lakh in 10 years – Money News

    June 30, 2025

    Qu’est-ce qu’un green bond ?

    December 7, 2017

    les cat’ bonds deviennent incontournables

    September 5, 2018

    Quel est le rôle du service des impôts des particuliers (SIP) ?

    May 7, 2020
    Don't Miss
    Mutual Funds

    Best SIP mutual funds: Top 10 schemes with up to 27% annualised returns — ₹10,000 monthly SIP grows to ₹49 lakh in 10 years – Money News

    June 30, 2025

    Do you also want to invest in mutual funds, but are unable to save a…

    Capri Global Capital annonce que Quant Mutual Fund augmente sa participation dans la société à 5,96 %

    June 30, 2025

    Rs 6,000 SIP Vs Rs 6,00,000 Lump Sum: Which can generate a higher corpus in 30 years?

    June 30, 2025

    Jio BlackRock Mutual Fund makes debut with three debt scheme launches

    June 30, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Unlock Financial Freedom: Charles Schwab’s secrets to long-term investing success – Tips for long term investing

    August 10, 2024

    Béatrice Cossa-Dumurgier – L’Agefi

    June 24, 2025

    Spot Bitcoin ETFs Surges With Massive Inflows, Will This Trigger A Price Spike?

    August 28, 2024
    Our Picks

    Best SIP mutual funds: Top 10 schemes with up to 27% annualised returns — ₹10,000 monthly SIP grows to ₹49 lakh in 10 years – Money News

    June 30, 2025

    Capri Global Capital annonce que Quant Mutual Fund augmente sa participation dans la société à 5,96 %

    June 30, 2025

    Rs 6,000 SIP Vs Rs 6,00,000 Lump Sum: Which can generate a higher corpus in 30 years?

    June 30, 2025
    Most Popular

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025

    ZIG, BUZZ, NANC, and KRUZ

    October 11, 2024
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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