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Library Acquisition Bond Issue
Library Acquisition Bond Issue
New Mexico · November 3, 2026
What this measure does
Authorize up to $20 million in general obligation bonds for academic, public school, tribal, and public library resource acquisitions, funded by a statewide property tax
A yes vote means
The state borrows $20 million and uses it to buy library materials, funded by a property tax increase.
A no vote means
The state does not borrow the money, and libraries don't get this funding for new materials.
Simple explanation
Your state wants to borrow $20 million to buy books, computers, and other materials for libraries — kind of like taking out a loan to upgrade your home library. Everyone who owns property will pay a small amount extra on their property taxes to pay back this loan over time.