45th legislature - STATE OF NEW MEXICO - second session, 2002

REQUESTING THE LEGISLATIVE FINANCE COMMITTEE AND THE NEW MEXICO FINANCE AUTHORITY TO JOINTLY STUDY CAPITAL FINANCING OPTIONS FOR CHARTER SCHOOLS.

WHEREAS, the provision of adequate infrastructure for public schools is a challenging issue for policymakers; and

WHEREAS, the unique issues related to financing the infrastructure needs of charter schools merit careful study; and

WHEREAS, given the emerging role of charter schools in New Mexico, it is necessary for the legislature to study capital financing options for charter schools;

NOW, THEREFORE, BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO that the legislative finance committee and the New Mexico finance authority jointly study capital financing options for charter schools; and

BE IT FURTHER RESOLVED that the legislative finance committee and the New Mexico finance authority report their findings and recommendations to the first session of the forty-sixth legislature; and

BE IT FURTHER RESOLVED that copies of this memorial be transmitted to the legislative finance committee and the New Mexico finance authority.