(Deming) – Today is the special school district election asking voters to authorize the issuance of up to $27 million of additional general obligation bonds to build a new high school and replace the intermediate school.
If approved by voters, the new bonds will not raise property tax bills because school officials say the bonds will be issued in amounts and times designed to maintain a stable tax rate.
The cost of building a new high school on the site of the current school is estimated to be $73.5 million. Of that amount, $21.75 million would come from the bond proceeds, and the remaining $51.75 million would come from the state.
The second project, building a new intermediate school near the Old Lordsburg Highway and Florida Street, has a projected cost of $17.7 million, of which $5.25 million would come from bond proceeds and $12.45 million would come from the state.
Today’s election is using the new county voting convenience centers at the Mimbres Valley Learning Center, Holy Family Parish Hall and the Columbus Village Library. Registered voters may vote at any of those locations until 7 p.m.
If approved by voters, the new bonds will not raise property tax bills because school officials say the bonds will be issued in amounts and times designed to maintain a stable tax rate.
The cost of building a new high school on the site of the current school is estimated to be $73.5 million. Of that amount, $21.75 million would come from the bond proceeds, and the remaining $51.75 million would come from the state.
The second project, building a new intermediate school near the Old Lordsburg Highway and Florida Street, has a projected cost of $17.7 million, of which $5.25 million would come from bond proceeds and $12.45 million would come from the state.
Today’s election is using the new county voting convenience centers at the Mimbres Valley Learning Center, Holy Family Parish Hall and the Columbus Village Library. Registered voters may vote at any of those locations until 7 p.m.
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