Las Cruces Public Schools bond execution (2025-2026)
Las Cruces Public Schools began selling $65 million in voter-approved bonds in four annual installments of $16.25 million. The district's first sale was authorized in August 2026 with an expected interest rate around 3.5%.
Money from the first installment expected to be available for projects in October 2026.
District structured bonds to avoid raising the property tax rate dedicated to school debt.
Shows how another district manages voter-approved bond sales in the same interest rate environment, using similar installment structures to manage tax impact.
