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Capital Spending: $500 at Hidalgo Senior Center, $20.5 million at UNM

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By Harold Morgon

 

Capital spending is supposed to be for stuff that lasts a while. We have a special affection for senior centers and borrow money against property tax receipts to pay for senior things. The technical terminology here is issuing and selling general obligation bonds subject to voter approval. Issuing the bonds will cost about $2 million. 

The three smallest dollar amounts approved for seniors by this year’s Legislature are $500 for “other equipment” at the Ena Mitchell Senior and Wellness Center in Lordsburg, $570 for meals equipment for the Vaughn Senior Center and $840 for “other equipment” at the Mora Senior Center. 

While government is not meant to be efficient, some inefficiency appears with these tiny items. The cost of the time required to complete the necessary paperwork is may be higher than the cost of the item. Given the time required to get the items onto the bond issue, waiting months until the election and issuing the bonds, just how essential are these? Not very, is my guess. 

The senior bits and pieces total $10.8 million for 124 projects, plus another $5.7 million for vehicles for 50 centers. Did all their cars and vans wear out at once? 


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