New Mexico

Debt Limit

Var	Gov. Type	Citation
Debt limit	County	NM Constitution (1911), Article 9, § 10
Limit as a percent of assessed value	County	NM Constitution (1911), Article 9, § 10
Limit expressed some other way?	County
Debt limit	Municipal	NM Constitution (1911), Article 9, § 12
Limit as a percent of assessed value	Municipal	NM Constitution (1911), Article 9, § 12
Limit expressed some other way?	Municipal
Debt limit	School district	NM Constitution (1911), Article 9, § 11
Limit as a percent of assessed value	School district	NM Constitution (1911), Article 9, § 11
Limit expressed some other way?	School district

Var	Gov. Type	Citation
Bond referenda	County	NM Constitution (1911), Article 9, § 10
All bond issues subject to referenda	County	NM Constitution (1911), Article 9, § 10
GO bond issues subject to referenda	County
Supermajority necessary for passage	County
Bond referenda	Municipal	NM Constitution (1911), Article 9, § 12 (Amended)
All bond issues subject to referenda	Municipal	NM Constitution (1911), Article 9, § 12 (Amended)
GO bond issues subject to referenda	Municipal
Supermajority necessary for passage	Municipal
Bond referenda	School district	NM Constitution (1911), Article 9, § 11
All bond issues subject to referenda	School district	NM Constitution (1911), Article 9, § 11
GO bond issues subject to referenda	School district
Supermajority necessary for passage	School district