NMSL adminsters GO Bond funds for the public libraries.
School library funds are administered by the Public Education Department. More information on school library GO Bond funds can be found on the PED website at http://www.ped.state.nm.us/Humanities/Library/index.html
Academic library funds are adminstered by the Higher Education Deparment. Please visit their website at: http://www.hed.state.nm.us
The purpose of the New Mexico public library general obligation bond program is to provide supplemental funds for public library resources when such funds are approved by the legislature and/or the voters in statewide elections. Funds for the public library bond program are intended to supplement local effort in providing local public library service. The public library bond program funds public library resources and equipment for public libraries statewide, including the rural library services of the state library.
Library bond program funds may be approved by the state legislature only during legislative sessions convened in even numbered years. The amount of bond funds received for distribution by the state library may vary depending on the amounts approved by the state legislature and subsequently approved by the voters.
Future bonds approved after March 2008 will be governed by NMAC 4.5.8 DISTRIBUTION OF GENERAL OBLIGATION STATE OF NEW MEXICO BOND FUNDS TO PUBLIC LIBRARIES. The approval of the NMAC rule will not change the distribution of 2006 GO Bond funds, but we will begin implementing the procedures and timelines outlined in the rule with the 2006 GO Bond funds.
For more information, contact Geri Hutchins at (505) 476-9727 or geraldine.hutchins@state.nm.us
2006 GO Bonds
2008 GO Bonds
2010 GO Bonds (on the November 2010 ballot)
