Albuquerque Schools to Use State Tax-Backed Bonds for CIP

Watts, Jim
September 2004
Bond Buyer;9/23/2004, Vol. 349 Issue 31975, p4
Trade Publication
Reports on the plan of Albuquerque Public Schools in New Mexico to use state funds from supplemental severance-tax bonds to finance a share of the district's five-year capital improvement program. Need for the state money to be matched by local funds before it can be turned over to the district; Determination of the size of a bond package to be presented to voters in February 2005; Requirement for the district to fund the majority of the five-year facilities plan.


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