Voters in Santa Fe County N.M. gave approval margins of 60% to three GO bond proposals totaling $38 million at last week's election. County officials said approval of the bonds will not require an increase in the property tax. The three-part referendum included $19 million for roads, $10 million for water utility work, and $6 million for parks and trails. The New Mexico county's $136 million of outstanding GO debt is rated Triple-A by Moody's Investors Service. Voters in New Mexico approved $140 million of state GO bonds last week, with $120 million of the proceeds allocated to higher education and other schools.
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