- Associated Press - Wednesday, June 3, 2015

SANTA FE, N.M. (AP) - State officials say 16 schools across New Mexico are in such bad shape they need to be torn down.

Public School Capital Outlay Council Chair David Abbey told lawmakers on Tuesday that schools are being phased out or being combined with other schools to save cost.

Abbey unveiled to members of the Public School Capital Outlay Oversight Task Force a list of the top 50 schools with construction needs.

Abbey also told lawmakers that the Public School Capital Outlay Council could be facing financial challenges in the future due to the volatile oil and gas market. In addition, he said there are more needed projects than available funding.

The state funds public school capital via bonds on severance tax revenue levied upon the extraction of oil and natural gas.



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