Early voting started in Rio Rancho earlier this month, KRQE reported.
Among the issues that will be decided are three bond issues. One bond is for $10.6 million to renovate five roads, another is $3.6 million for public safety, and the third is a $1 million quality of life bond for upgrading parks and libraries, according to KRQE.
"If all three bond questions are approved by voters, there will be no tax increase," the city of Rio Rancho said in a brochure offering information about the election.
Voters will also decide on a new Permanent Fund. If approved, the city would take $10 million, put it into a savings account, and invest it, the city said. Each year, half of the interest generated would go toward funding public services. The other half would go back into the fund.
“We’ve been very fiscally prudent and our reserves have been growing over the last several years, and that’s why we have this opportunity to set this money aside and have it work harder for us as a community,” City Manager Matthew Geisel said to KRQE. “Then, the public can participate through our annual budgeting process and provide us input on how to spend it.”
Also on the ballot are contests for the mayor and three City Council seats.
For those who don't want to cast their ballots early, Election Day voting will be held on Tuesday, March 1, from 7:00 a.m. to 7:00 p.m, the city said.
