New Mexico Statutes

§ 22-8-23.1 — Enrollment growth program units

New Mexico § 22-8-23.1
JurisdictionNew Mexico
Ch. 22Public Schools
Art. 8Public School Finance

This text of New Mexico § 22-8-23.1 (Enrollment growth program units) 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. § 22-8-23.1 (2026).

Text

A.A school district or charter school with an increase in MEM equal to or greater than one percent, when compared with the immediately preceding year, is eligible for additional program units. The increase in MEM shall be calculated as follows: (Current Year MEM - Previous Year MEM) Previous Year MEM x 100 = Percent Increase. The number of additional program units shall be calculated as follows: ((Current Year MEM - Previous Year MEM) - (Current Year MEM x .01)) x 1.5 = Units.
B.In addition to the units calculated in Subsection A of this section, a school district or charter school with an increase in MEM equal to or greater than one percent, when compared with the immediately preceding year, is eligible for additional program units. The increase in MEM shall be calculated in the followi

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Legislative History

1978 Comp., § 22-8-23.1, enacted by Laws 1990 (1st S.S.), ch. 3, § 7; 1990

Nearby Sections

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Bluebook (online)
New Mexico § 22-8-23.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/22/22-8-23.1.