2020 General Obligation Bonds for Public and Tribal Libraries

2020 General Obligation Bonds

for Public and Tribal Public Libraries

The 54th Legislature, State of New Mexico, Regular Session, 2020, approved SB207, the “2020 Capital Projects General Obligation Bond Act”

Language from the law [SB207, pp. 21-22]:

B. for library acquisitions at public libraries, public school libraries, academic libraries and tribal libraries statewide:(1) to the cultural affairs department:

(a) three million dollars ($3,000,000)for equipment, library furniture, fixtures and supplemental library resource acquisitions, including print, non-print and electronic resources, collaborative library resources and information technology projects, and for the purchase and installation of broadband internet equipment and infrastructure at non-tribal public libraries statewide; and

(b) five hundred thousand dollars ($500,000) for equipment, library furniture, fixtures and supplemental library resource acquisitions, including print, non-print and electronic resources, collaborative library resources and information technology projects, and for the purchase and installation of broadband internet equipment and infrastructure at tribal libraries statewide;

Library bond issues were successful statewide in the 2020 New Mexico General Election.

State General Obligation Bond B, providing $9,751,433 million for public, academic, public school and tribal libraries passed by a margin of 254,767votes. With 524,369 yes votes and 269,872 no votes, Bond B won with 66.01% in favor, 3 percentage points lower than attained by library bond issue B in 2018.

To view county by county results, go here (scroll down to find Bond B): https://nmresults.azurewebsites.net/resultsSW.aspx?type=SW&map=CTY

 

 

ALLOCATIONS TO THE PUBLIC LIBRARIES

Allocations are based on the 4.5.8 NMAC, Distribution of Funds.  The allocations have been finalized using 2020 U. S. Census information for Counties and 2020 U.S. Census for the libraries’ Legal Service Areas for those communities 5000 or more in population.

How are allocations calculated for the GO Bonds?

TRIBAL PUBLIC LIBRARIES

PUBLIC LIBRARIES

TRIBAL PUBLIC LIBRARIES — FINAL ALLOCATIONS

By Library

By County

PUBLIC LIBRARIES — FINAL ALLOCATIONS

By Library

By County

GO_Bonds_Guidance_Sheet REV. 2022: what is generally eligible for reimbursement

Forms to be used for reimbursement requests:

Ex. 1 for 2020 GOBs – 2020 Paper Periodic/Final Report (word document) — to be included with each request for reimbursement

Ex. 2 for 2020 GOBs – 2020 Request for Payment Form (excel format) — to be included with each request for reimbursement; must include documentation for purchases and proof-of-payment

2020 GOB Notice of Obligation – 2020 Notice of Obligation Form (word document) — to be sent to the State Library prior to submitting any reimbursement requests.

All Forms must be signed and be an original copy.

Other Resources to explore:

 

Questions?

Contact the Development Bureau at the New Mexico State Library at: (800) 340-3890 or SL.development@state.nm.us