APS wants voters to approve property tax increase
November 07, 2018 10:26 PM
ALBUQUERQUE, N.M. – As the midterm elections come to an end, voters in the Albuquerque Public School district may see another ballot early next year and it has the potential to raise property taxes.
A number of people voiced their concerns about the proposed ballot, mostly against it, at a meeting held at APS headquarters Wednesday evening.
“The City of Albuquerque, APS schools, we’re already taxed a lot. We’ve seen various receipt taxes like the gross receipts tax in recent years.” Paul Gessing of the Rio Grande Foundation said. “We just saw an election where several bond issues at the state, local level were approved. People in Albuquerque and APS district are willing to spend money and these bonds pay for a lot of infrastructure that exists already.”
There will be three items on the ballot. They include funding maintenance costs, selling bonds and a property tax increase to fund capital improvement projects.
The district said the money will go toward things like security. School officials said they can't use funds from the legislature capital improvements. That money is only for the operational budget, which includes teacher’s salaries.
“They'll be voting on whether or not they want to continue improving infrastructure at Albuquerque Public Schools," said Scott Edler, APS' chief operating officer. "Do they want to continue to maintain the current buildings and build new buildings as well as purchase educational technology?"
The median cost of a home in Albuquerque is $220,000. If approved, the property tax for that homeowner will increase about $150 per year.
Voters can expect the ballot in their mailboxes in January.
Updated: November 07, 2018 10:26 PM
Created: November 07, 2018 09:53 PM
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