DALLAS - Albuquerque Municipal School District No. 12 will continue its ongoing capital improvement program with the proceeds from today's competitive sale of $134 million of general obligation school construction bonds.

The district, which serves almost all of Bernalillo County and Albuquerque, is on schedule to spend $1.08 billion on the program between 2006 and 2013. Total funding includes $961.5 million from local sources and $115 million of state matching contributions through the New Mexico Public School Capital Outlay Council.

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