APS asking voters to approve bond package – Albuquerque, New Mexico

Albuquerque, New Mexico 2021-10-07 18:00:00 –

Albuquerque, New Mexico (KRQE) – The election date is about a month away, Albakirk Public School Is asking voters to approve $ 630 million over the next six years. This is what the district needs. This had to deal with bond issuance that was rejected in the past after the APS. The largest districts require voters to build and renew their buildings and technology.

“There are 142 schools and about 50 charter schools in the APS attendance area … 40% of the schools are over 50,” said Kizito Wijenji, executive director of APS’s Capital Master Plan.

In the November poll, APS has two questions. The problem is a $ 200 million bond. The second is to update the 2016 factory tax rate. This will take over the existing property tax rate to APS, giving the district $ 430 million over six years.

“To enable us to provide the right facilities and equipment for our educational activities,” says Wijenji.

With that factory tax, property tax is $ 0.838 for every $ 1,000 of net tax on residential real estate. $ 0.4.344 for every $ 1,000 of net tax on non-residential real estate.

He said the area needs a total of $ 700 billion in capital projects, but is working on what it needs to address priority projects. Projects are prioritized based on many factors such as code, educational needs, and fairness.

Bond Package funding includes projects such as the construction of a gymnasium at El Dorado High School, the construction of a new cafeteria and playground at Corales Elementary School, and improved district-wide technology, security, cooling and ADA compliance.

“If this goes through, your tax rate will remain the same. If it fails, obviously it is, the tax rate can eventually go down. But your school, your students, your teacher, Your neighborhood doesn’t have the capital needs for the buildings, repairs, equipment, and IT they need, “said Wijenji.

In February 2019, voters rejected two tax measures and bonds that would bring about $ 900 million. In November of that year, voters approved measures to give the district about $ 300 million. Wijenji called the 2021 bond package financing “very important.” Four of the seven spots on the APS Board of Education are also on the ballot.

APS asking voters to approve bond package Source link APS asking voters to approve bond package

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