EVERY TWO YEARS, VOTERS IN BERNALILLO COUNTY ARE ASKED TO APPROVED THE COUNTY’S GENERAL OBLIGATION BONDS, OR “GO” BONDS. THE BONDS ARE CREATED BY COUNTY OFFICIALS TO ADDRESS VARIOUS INFRASTRUCTURE ISSUES, SUCH AS LIBRARIES AND TRANSPORTATION.
DAN NEWMAN IS WITH THE BETTER BERNALILLO COUNTY BOND COMMITTEE. HE GIVES US AN IDEA OF JUST WHAT A “GO” BOND REPRESENTS. IT’S A LONGER-TERM FINANCING MECHANISM TO RAISE MONEY FOR CAPITAL IMPROVEMENTS.
THE BONDS ON THIS YEAR’S BALLOT TOTAL OVER 37-MILLION DOLLARS. NEWMAN SAYS THERE ARE MILLIONS OF DOLLARS IN FEDERAL GRANTS AVAILABLE THROUGH THE APPROVAL OF THESE BOND QUESTIONS.
