New Mexico § 22-8-12.1 Membership projections and budget requests

New Mexico Statutes

§ 22-8-12.1 — Membership projections and budget requests

New Mexico § 22-8-12.1

Ch. 22Public Schools

Art. 8Public School Finance

This text of New Mexico § 22-8-12.1 (Membership projections and budget requests) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 22-8-12.1 (2026).

Text

A. Each local school board or governing body of a state-chartered charter school shall submit annually, on or before October 15, to the department:

(1)an estimate for the succeeding fiscal year of:

(a)the membership of qualified students to be enrolled in the basic program;

(b)the full-time-equivalent membership of students to be enrolled in approved early childhood education programs; and (c) the membership of students to be enrolled in approved special education programs;

(2)all other information necessary to calculate program costs; and (3) any other information related to the financial needs of the school district or state-chartered charter school as may be requested by the department. B. All information requested pursuant to Subsection A of this section shall be submitted on forms

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A. Each local school board or governing body of a state-chartered charter school shall submit annually, on or before October 15, to the department: (1) an estimate for the succeeding fiscal year of: (a) the membership of qualified students to be enrolled in the basic program; (b) the full-time-equivalent membership of students to be enrolled in approved early childhood education programs; and (c) the membership of students to be enrolled in approved special education programs; (2) all other information necessary to calculate program costs; and (3) any other information related to the financial needs of the school district or state-chartered charter school as may be requested by the department. B. All information requested pursuant to Subsection A of this section shall be submitted on forms prescribed and furnished by the department and shall comply with the department's rules and procedures. C. The department shall: (1) review the financial needs of each school district or state-chartered charter school for the succeeding fiscal year; (2) submit annually, on or before September 1, to the department of finance and administration, the legislative finance committee and the legislative education study committee the recommendations of the department for: (a) amendments to the public school finance formula; (b) appropriations for the succeeding fiscal year to the public school fund; and (c) appropriations for the succeeding fiscal year for pupil transportation and instructional materials; and (3) submit annually, on or before November 30, to the department of finance and administration, the legislative finance committee and the legislative education study committee any adjustments to the recommendations of the department for appropriations related to additional enrollment growth program units pursuant to Section 22-8-23.1 NMSA 1978.