§ 22-25-1 Short title
§ 22-25-2 Definitions
§ 22-25-3 Authorization for local school board to submit question of capital improvements tax imposition
§ 22-25-4 Authorizing resolution; time limitation
§ 22-25-5 Conduct of election; notice; ballot
§ 22-25-6 Election results; canvass; certification
§ 22-25-7 Imposition of tax; limitation on expenditures
§ 22-25-8 Tax to be imposed for a maximum of six years
§ 22-25-9 State distribution to school district imposing tax under certain circumstances
§ 22-25-10 Public school capital improvements fund created
§ 22-25-11 Expenditures by charter schools; reports to department

Terms Used In New Mexico Statutes > Chapter 22 > Article 25 - Public School Capital Improvements

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.