The City of Las Cruces is gearing up to receive input from the public for the 2022 General Obligation Bond cycle. General Obligation Bonds (GO Bonds) are an important source of funding for basic capital improvements (bricks and mortar projects) that our growing community requires to thrive. GO Bonds are typically best suited for projects that benefit the general public but generate little or no revenue for initiatives including:
- Parks and recreational facilities and improvements
- Public facilities such as fire stations, police stations, libraries, and senior centers
- Infrastructure improvements such as roads, sidewalks, trails, and drainage facilities
- Other projects with strong local support
The City of Las Cruces is seeking an estimated $23 million for the 2022 GO Bond and no increase to the City's debt service is associated with the request.
Once a list of projects is approved by the City Council, the list will become ballot questions for the November 8, 2022 general election.