New Mexico Administrative Code
Title 4 - CULTURAL RESOURCES
Chapter 5 - STATE LIBRARY
Part 8 - DISTRIBUTION OF GENERAL OBLIGATION STATE OF NEW MEXICO BOND FUNDS TO PUBLIC LIBRARIES
Section 4.5.8.6 - OBJECTIVE
Universal Citation: 4 NM Admin Code 4.5.8.6
Current through Register Vol. 35, No. 18, September 24, 2024
The objective of this rule is to describe the state of New Mexico general obligation bond funds distribution to public libraries program (hereinafter "the library bond program") and to establish criteria and procedures for distribution of the funds. The purpose of the library bond program is to provide supplemental funds for library resources when such funds are approved by the legislature and the voters in statewide elections. The library bond program funds library resources and equipment for public libraries statewide, including the rural library services of the state library.
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