REPORTER: DOUG, SHELLY. IF SO, THE SCHOOL DISTRICT COULD SEE ADDITIONAL FUNDING FOR TECHNOLOGY, SECURITY, AND EVEN RENOVATIONS. BUT NOT ALL RESIDENTS ARE ON BOARD. MORE MONEY COULD BE CHOSEN TO ALBUQUERQUE PUBLIC SCHLS.OO >> IF YOU OWN A $ 600,000 HOUSE, THE EVALUATED VALUE IS 1/3 THAT. SO $ 200,000 IN THIS EXAMPLE. AND SO APS GET 1% OF THIS PROPERTY TAX. REPORTER: FROM NOVEMBER 2, WILL RESIDENTS WHO LIVE WITHIN THE BORDERS OF THE SCHOOL DISTRICT ASK A QUESTION, SHOULD THE SYSTEM CONTINUE TO CHARGE A PROPERTY TAX? PER CHOICE, RESIDENTIAL PROPERTY WOULD BE TAXED $ 3.80 PER EVERY $ 1000 NET VAE.LU >> IF IT IS THEN DISTRIBUTED, YOUR HOME TAXES WILL LOWER A LITTLE. AND IF IT IS APPROVED, YOUR PROPERTY TAXES WAYS STAY THE SAME. REPORTER: COMMERCIAL PROPERTIES WOULD ALSO BE TAXED AT $ 4.30 PER $ 1000. APS OFFICIAL SAY THE ELEVATED MOYNE WOULD APPLY TO PROJECTS SUCH AS CONVERSIONS AND RENOVATIONS. BUT THE HEAD OF AN ECONOMIC WA TCHDOG GROUP WILL NOT BE SOLD ON THE IDEA IF THE DEBT DISTRICT HAS LOST DEBTS IN THE LAST YEARS. >> WILL YOU AT NTOD EE HAVE FACILITIES FOR ALL OF THESE STUDENTS IN THE HOPE YOU WILL COME BACK IN A YEAR OR SHORT? OR, ULCOD YOU ARE USING FACILITIES AGAIN, AND MAY EVER BE USED AGAIN. REPORTER: PAUL GESSING SAYS THE SCHOOL DISTRICT HAVE NOT MUCH MUCH IN THE COMMUNITY. HE SAYS HE JUST LEARNED ABOUT THE BAOTLL QUESTION ON THURSDAY AND IS NOT SURE WHAT’S NEXT TO RESIDENTS LIKE HIM. >> THERE IS NOT A LOT OF INFORMATION. I DO NOT KNOW IF IT IS A STRATEGIC THING AT THIS POINT OR WHAT THE SPECIFIC REGARD TO WHWEY ARE ABOUT COMPETING AMONG OTHER SCHOOLS. REPORTING LIVE AT APS HEADQUARTERS, BREANA ALBIZU, KOAT ACTION 7 NE
Albuquerque Public Schools Property Tax When Voting In November: How It Could Affect You
“There isn’t a lot of information out there. I don’t know if it’s a strategic thing or what the specifics are why we haven’t heard about this issue, “said Paul Gessing, President of the Rio Grande Foundation.
Updated: 10:28 PM MDT September 30, 2021
Thousands of residents will soon decide to continue property tax on Albuquerque public schools. On Tuesday, November 2nd, all registered voters living within the APS district boundaries will be presented with a specific question when they vote on Election Day: “Should the Albuquerque Municipal School District No Taxable Net Home Value and $ 4.344 per 1,000, $ 00 of the net taxable value of the non-residential property assigned to Albuquerque Municipal School District No. 12 for the wealth tax years 2022, 2023, 2024, 2025, 2026 and 2027 for the purposes of A. Construction, remodeling, addition, furnishing or furnishing of public school buildings B. Payments based on a school district or charter school financing contract for the rental of a building or other property with an option to purchase at a price reduced in accordance with the payments made C. Purchase or improvement of public school grounds D. Purchase of activity vehicles to transport students and from extracurricular academic Ak activities; provided that this spending permit does not apply to school districts where a student MEM is greater than sixty thousand; E. Managing the projects undertaken under Sub-Sections A and C of this Section, including spending on building maintenance software, project management software, project oversight, and district personnel specifically related to the management of projects funded by the Public School Buildings Act will; provided that the expenditure under this paragraph does not exceed five percent of the total cost of the project; and F. Purchase and installation of educational technology enhancements, excluding the salary expenses of school district employees, but including the tools used in the educational process, which are learning and administrative resources, and which may also include: (1) satellite, copper and fiber optic transmission; Computer and network connection devices; digital communication equipment including voice, video and data equipment; Server; Counter; portable media devices such as disks and drives for receiving data for electronic storage and reproduction; and buying or leasing licenses for software or other technologies and services, maintenance information, equipment and computer infrastructure, techniques and tools used to implement technology in schools and related facilities; and (2) improvements, changes, and modifications to, or additions to, existing buildings or tangible personal effects necessary or advisable to accommodate or otherwise accommodate any of the tools listed in this subsection. “According to Capital Mill Levy and Bond, Albuquerque Residential Real Estate would tax $ 3.838 per $ 1,000 of net taxable value between 2022 and 2027 Auditors said, “APS gets one percent of that property tax.” Commercial real estate would also be taxed $ 4.344 per $ 1,000 of net taxable value. ” If it’s approved, your property taxes will stay the same. If it’s rejected, your property taxes will be lowered a bit, “adds Dillavou. GSP officials say the estimated $ 430 million bond will provide funding for educational technology, additional security measures, and much-needed renovations to school buildings. Paul Gessing, a Bernalillo County resident and president of the Rio Grande Foundation, is concerned about the proposal . He notes that the school district has been losing students in recent years in the hope that they will come back in a year or soon after? Or could they repurpose facilities and maybe even get rid of some that are underutilized? “Gessing said, adding that APS school officials made no informational effort to alert parishioners to the issue when they voted in November Gessing says he just found out about the question on Thursday, September 30th, which is more than a month before election day. “There’s not a lot of information,” Gessing said. “I don’t know if it’s currently is a strategic thing, or what the specifics are about why we haven’t heard about this particular topic. “If it weren’t for that, GSP officials say the school district wouldn’t have what it needs to come up with to compete with other schools in a global market.
ALBUQUERQUE, NM –
Thousands of residents will soon decide to continue property tax on Albuquerque public schools.
On Tuesday, November 2nd, all registered voters who live within the APS district boundaries will be confronted with a special question when they vote on election day:
“Should the Albuquerque Municipal School District No. 12 for the real estate tax years 2022, 2023, 2024, 2025, 2026 and 2027 for A. Construction, conversion, expansion, equipping or furnishing of public school buildings B. Payments based on a financing contract concluded by a school district or a charter school for renting a building or another Property with an option to purchase at a reduced price after payments have been made C. Purchase or improvement of public school grounds D. Purchase of activity vehicles for transporting students to and from school activities; unless this expenditure permit is for school districts with a student MEM greater than t. Han is sixty thousand; E. Managing the projects undertaken under Sub-Sections A and C of this Section, including spending on building maintenance software, project management software, project oversight, and district personnel specifically related to the management of projects funded by the Public School Buildings Act will; provided that the expenditure under this paragraph does not exceed five percent of the total cost of the project; and F. Purchase and installation of educational technology enhancements, excluding the salary expenses of school district employees, but including the tools used in the educational process, which are learning and administrative resources, and which may also include: (1) satellite, copper and fiber optic transmission; Computer and network connection devices; digital communication equipment including voice, video and data equipment; Server; Counter; portable media devices such as disks and drives for receiving data for electronic storage and reproduction; and buying or leasing licenses for software or other technologies and services, maintenance information, equipment and computer infrastructure, techniques and tools used to implement technology in schools and related facilities; and (2) improvements, changes, and modifications to, or additions to, existing buildings or tangible personal effects necessary or advisable to house or otherwise accommodate any of the tools listed in this subsection? “
According to Capital Mill Levy and Bond, Albuquerque residential property would be taxed at $ 3.838 per $ 1,000 of net taxable value from 2022 to 2027.
“If you own a $ 600,000 home, the estimated value is a third of that, which is $ 200,000 in this example,” said Montgomery Dillavou, a chartered accountant. “APS receives one percent of this property tax.”
Commercial real estate would also be taxed at $ 4,344 per $ 1,000 of net taxable value.
“If it’s approved, your property taxes will stay the same. If it’s rejected, your property taxes will be lowered a bit,” added Dillavou.
GSP officials say the estimated $ 430 million bond will provide funding for educational technology, additional security measures, and much-needed renovations to school buildings.
Paul Gessing, a Bernalillo County resident and president of the Rio Grande Foundation, is concerned about the proposal. He notes that the school district has lost students in recent years.
“Do you need facilities for all of these students in the hope that they will come back in a year or soon after? Gessing said.
He added that APS school officials made no informational effort to alert parishioners to the issue when they voted in November.
Gessing says he only found out about the question on Thursday, September 30th, over a month before election day.
“There’s not a lot of information out there,” said Gessing. “I don’t know if it’s a strategic thing at this point or what the specifics are why we haven’t really heard about this particular subject.”
If voted no, GSP officials say the school district doesn’t have what it needs to compete with other schools in a global marketplace.
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