After having just read a very favorable editorial in the Albuquerque Journal in support of Bond C, it would be difficult to describe my shock and amazement in seeing Keith Bell’s cartoon in the Sunday, Oct. 13, Roswell Daily Record.
Keith seems to imply that if Bond C fails, property taxes will go down. The bond proposal failed in 2010, and property taxes did not go down.
The cartoon made me wonder if Keith really understands how the state institutions of higher education receive money to maintain their facilities. These bonds are the primary source of funds to maintain those facilities. NMMI is not a taxing authority and thereby has a very limited ability to raise revenue to attempt substantial projects. All of the funding Login to read more