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“Spaceport New Mexico”
Measure to Redistribute Spaceport America Education Funding Advances in NM Legislature
The Terminal Hangar Facility at Spaceport America will house Virgin Galactic's WhiteKnightTwo and SpaceShipTwo. (Credit: David Wilson, Spaceport America)

The Terminal Hangar Facility at Spaceport America will house Virgin Galactic’s WhiteKnightTwo and SpaceShipTwo. (Credit: David Wilson, Spaceport America)

Eager to convince skeptical southern New Mexico voters to approve a tax hike to help fund the construction of Spaceport America, then-Gov. Bill Richardson promised that the revenues would bring millions of dollars in direct support to local schools.

Voters in Sierra and Dona Ana counties approved a quarter-cent increase in the local use tax, and Richardson kept his promise. The tax has raised $32 million in revenues so far, with a quarter of it — $8 million — going to local schools to fund additional teachers and new programs.

Now, with Richardson gone due to term limits, that deal is in danger of unraveling as legislators from other areas of the state are eying the revenue.

(more…)

  • Parabolic Arc
  • November 26, 2013