New Mexico Capital Expenditures for Libraries, Bond Question B (2016)

New Mexico Bond Question B
Election date November 8, 2016
Topic Bond issues
Status a Approved
Type Bond issue	Origin State Legislature

2016 measures
November 8
Amendment 1 a
Bond Question A a
Bond Question B a
Bond Question C a
Bond Question D a
Polls
Voter guides
Campaign finance
Signature costs

New Mexico Library Acquisition Bond Question was on the November 8, 2016, ballot in New Mexico as a legislatively referred bond question. It was approved.

A "yes" vote supported issuing no more than $10,167,000 in general obligation bonds for academic, public school, tribal, and public library resource acquisitions.

A "no" vote opposed issuing no more than $10,167,000 in general obligation bonds for academic, public school, tribal, and public library resource acquisitions.

Election results

Bond Question B
Result		Votes	Percentage
a Yes		449,220	64.78%
No		244,213	35.22%

Election results from New Mexico Secretary of State

Overview

Allocation

Bond Question B was designed to issue $10,167,000, and to allocate that amount toward the following projects:

Bond Question B Allocation
Project	Amount	Item
Cultural Affairs Department	$3,000,000	Nontribal library equipment, furniture, fixtures and supplemental resource acquisitions (including print, non-print, electronic, and broadband internet resources)
Cultural Affairs Department	$750,000	Tribal library library equipment, furniture, fixtures and supplemental resource acquisitions (including print, non-print, electronic, and broadband internet resources)
Higher Education Department	$3,250,000	Academic library resource acquisitions (including books, equipment, electronic resources and collaborative library resources and information technology projects)
Public Education Department	$3,000,000	Public school library resource acquisitions (including print, non-print, and electronic resources)

Text of measure

Ballot language

The following language appeared on the ballot:

“

The 2016 Capital Projects General Obligation Bond Act authorizes the issuance and sale of library acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed ten million one hundred sixty-seven thousand dollars ($10,167,000) to make capital expenditures for academic, public school, tribal and public library resource 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? For________________ Against___________________;

”

Support

Supporters

The following legislator sponsored SB 122:

• Sen. Carlos Cisneros (D-6)

Opposition

Opponents

Ballotpedia has not yet found any formal opposition to this measure. If you know of any opposition, please contact editor@ballotpedia.org.

Background

2014 bond questions

In 2014, New Mexico voters decided on three bond issues: Bond Question A, Bond Question B, and Bond Question C. Bond Question A issued $17,000,000 in general obligation bonds for improvement of senior citizen facilities. Bond Question B issued $11,000,000 in general obligation bonds for academic, public school, tribal, and public library acquisitions. Bond Question C issued $141 million in general obligation bonds for certain higher education, special school, and private school improvements.

The official designations and topics for the 2014 measures are identical to the 2016 measures: Bond Question A, Bond Question B, and Bond Question C. There was no bond issue proposed in 2014 that matched the 2016 measure, Bond Question D. The corresponding legislation for all three bond questions, SB 53, was sponsored by the same legislator who sponsored SB 122, Sen. Carlos Cisneros. Both chambers of the New Mexico State Legislature unanimously passed SB 53 in 2014, and this happened again with SB 122 in 2016.

Fiscal impact

The League of Women Voters New Mexico's 2016 Voter Guide said the following about the potential fiscal impact of Bond Questions A, B, C, and D:

“ A bond represents a debt for money borrowed by a government to finance capital improvement projects. The State of New Mexico promises to repay the amount borrowed, plus interest, over a period of time for each General Obligation bond that is approved by voters. The bonds are called “General Obligation” because payment of the debt service (principal plus interest) is a general obligation of the State and its property owners through property taxation. According to the Board of Finance Division of the NM Department of Finance and Administration, the specific amount of property taxes collected in a given year is attributable to a number of factors, including the amount of debt service required for existing general obligation bonds, the projected debt service required for the new bond issue, the latest assessed valuation of net taxable property, cash balances in bond debt service accounts, the date of issuance, and the actual interest rate obtained on the bond sale. Based on the assumption that all four bond issues will be passed by voters, the property tax year 2016 mill levy has been set at 1.36 mills, which is the same as the 2015 rate. The State Board of Finance estimates that over a ten-year period, the four issues on the ballot would increase the average annual property tax bill by approximately $9.34 per $100,000 of asset value. Of the annual average $9.34, Bond Issue A accounts for $0.78, Bond Issue B accounts for $0.51, Bond Issue C accounts for $7.14, and Bond Issue D accounts for $0.91. ”

Campaign finance

See also: Campaign finance requirements for New Mexico ballot measures

The campaign finance information on this page reflects the most recent scheduled reports that Ballotpedia has processed, which covered through December 3, 2016.

One committee—Bonds for Libraries Special Interest Group—registered in support of the measure.

	Cash Contributions	In-Kind Contributions	Total Contributions	Cash Expenditures	Total Expenditures
Support	$3,050.00	$0.00	$3,050.00	$3,050.00	$3,050.00
Oppose	$0.00	$0.00	$0.00	$0.00	$0.00
Total	$3,050.00	$0.00	$3,050.00	$3,050.00	$3,050.00

Support

The following table includes contribution and expenditure totals for the committee in support of the measure.

Committees in support of Bond Question B
Committee	Cash Contributions	In-Kind Contributions	Total Contributions	Cash Expenditures	Total Expenditures
Bonds for Libraries Special Interest Group	$3,050.00	$0.00	$3,050.00	$3,050.00	$3,050.00
Total	$3,050.00	$0.00	$3,050.00	$3,050.00	$3,050.00

Donors

The following were the top donors who contributed to the support committee.

Donor	Cash Contributions	In-Kind Contributions	Total Contributions
Albuquerque Friends for the Library	$2,000.00	$0.00	$2,000.00
New Mexico Library Association	$1,050.00	$0.00	$1,050.00

Methodology

To read Ballotpedia's methodology for covering ballot measure campaign finance information, click here.

Path to the ballot

See also: Amending the New Mexico Constitution

SB 122 was first introduced in the New Mexico State Legislature on January 15, 2016. The bill was approved by the New Mexico House of Representatives on February 17, 2016, and was approved by the New Mexico State Senate on February 12, 2016.

Senate vote

February 12, 2016

SB 122 Senate Vote
Result		Votes	Percentage
a Yes		40	100%
No		0	0%

House vote

February 17, 2016

SB 122 House Vote
Result		Votes	Percentage
a Yes		65	100%
No		0	0%

State profile

Demographic data for New Mexico
	New Mexico	U.S.
Total population:	2,080,328	316,515,021
Land area (sq mi):	121,298	3,531,905
Race and ethnicity**
White:	73.2%	73.6%
Black/African American:	2.1%	12.6%
Asian:	1.4%	5.1%
Native American:	9.1%	0.8%
Pacific Islander:	0.1%	0.2%
Two or more:	3.3%	3%
Hispanic/Latino:	47.4%	17.1%
Education
High school graduation rate:	84.2%	86.7%
College graduation rate:	26.3%	29.8%
Income
Median household income:	$44,963	$53,889
Persons below poverty level:	24.7%	11.3%
Source: U.S. Census Bureau, "American Community Survey" (5-year estimates 2010-2015) Click here for more information on the 2020 census and here for more on its impact on the redistricting process in New Mexico. **Note: Percentages for race and ethnicity may add up to more than 100 percent because respondents may report more than one race and the Hispanic/Latino ethnicity may be selected in conjunction with any race. Read more about race and ethnicity in the census here.

Presidential voting pattern

See also: Presidential voting trends in New Mexico

New Mexico voted for the Democratic candidate in six out of the seven presidential elections between 2000 and 2024.

Pivot Counties (2016)

Ballotpedia identified 206 counties that voted for Donald Trump (R) in 2016 after voting for Barack Obama (D) in 2008 and 2012. Collectively, Trump won these Pivot Counties by more than 580,000 votes. Of these 206 counties, three are located in New Mexico, accounting for 1.46 percent of the total pivot counties.

Pivot Counties (2020)

In 2020, Ballotpedia re-examined the 206 Pivot Counties to view their voting patterns following that year's presidential election. Ballotpedia defined those won by Trump won as Retained Pivot Counties and those won by Joe Biden (D) as Boomerang Pivot Counties. Nationwide, there were 181 Retained Pivot Counties and 25 Boomerang Pivot Counties. New Mexico had three Retained Pivot Counties, 1.66 percent of all Retained Pivot Counties.

More New Mexico coverage on Ballotpedia

• Elections in New Mexico
• United States congressional delegations from New Mexico
• Public policy in New Mexico
• Endorsers in New Mexico
• New Mexico fact checks
• More...

Related measures

See also: Bond issues on the ballot

Bond issues measures on the ballot in 2016
State	Measures
Montana	Montana Bonds to Fund Biomedical Research Authority, I-181 d
Rhode Island	Rhode Island Housing Bonds, Question 7 a
New Mexico	New Mexico Higher Education Bond Question a
Rhode Island	Rhode Island Port Infrastructure Bonds, Question 5 a
Alabama	Alabama Toll Districts and Revenue Bonds in Baldwin County, Amendment 12 d
Rhode Island	Rhode Island Higher Education Bonds, Question 4 a
Rhode Island	Rhode Island Green Economy Bonds, Question 6 a

Recent news

The link below is to the most recent stories in a Google news search for the terms New Mexico Bond Question B libraries 2016. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

New Mexico Capital Expenditures for Libraries, Bond Question B (2016) - Google News

See also

Suggest a link

• New Mexico 2016 ballot measures
• 2016 ballot measures
• New Mexico Legislature
• List of New Mexico ballot measures
• New Mexico state budget and finances

External links

• League of Women Voters New Mexico 2016 State Bond Issues Voter Guide

Footnotes

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