- The Higher Education Initiative calls for a ¼ of 1 percent gross receipts tax increase.
- The increase is equivalent to just 25 cents of every $100.
- Expected to raise $20 million over its 20-year lifespan, this gross receipts tax increase will help UNM with infrastructure and land improvements to make UNM West a reality.
A UNM campus in Rio Rancho will bring:
- More jobs for Rio Rancho residents
- Shorter commute times for students
- An expected $120 million in economic growth for the city
- Increased property values
- Expanded UNM curriculum
- Opportunities for bachelors, masters and Ph.D. degrees
- Greater convenience
Click here to view UNM West campus rendering.