New Mexico Statutes 22-18-5. Bond elections; ballots
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A. The question on the ballot of creating a debt by issuing general obligation bonds shall state the purpose or purposes for which the bonds are to be issued and the amount of the bond issue. Two or more separate questions may be submitted to the voters at a bond election, in which case, the vote on each question shall be separately counted, canvassed and certified.
Terms Used In New Mexico Statutes 22-18-5
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
B. Bond election ballots shall contain a place for a vote “For the school district bonds” and “Against the school district bonds” for each bond issue.
C. If paper ballots are used at a bond election, all questions to be voted on at the bond election shall be listed on one ballot.