GO Bond 3 would bring $1 million to UNM-Valencia with no increase in property tax rates

In the Nov. 3 general election, voters will decide on a General Obligation Bond for higher education. If approved, it would fund millions of dollars in infrastructure improvement projects throughout New Mexico without increasing property tax rates.

At UNM-Valencia, it would fund renovations to create an Automotive Technology Lab and improvements to the Welding Technology Center. UNM-Valencia's existing facility was not designed for automotive and welding instruction and lacks the specialized laboratories, equipment, ventilation and simulation spaces required for modern technical education.

At the same time, the campus has seen growing interest from local employers and industry partners seeking training opportunities in welding, automotive technology and other skilled trades. Meeting that need requires instructional facilities where students can gain practical experience using equipment and working in environments that reflect current industry practices.

Renovating the existing facility will provide the infrastructure needed to grow these programs while helping UNM-Valencia recruit, retain and graduate students pursuing technical careers. The center will strengthen connections among education, industry and employment while creating additional opportunities for students to develop skills that can lead directly to jobs in their communities.

If approved, GO Bond 3 would not increase property tax rates and is projected to support approximately 3,500 jobs while contributing to the economies of 25 cities in 22 counties across the state. Early voting continues through Oct. 31, 2026.

Further details about the proposed project can be found on the UNM-Valencia Automotive and Welding Technology Center project page.