New Mexico Statutes
Chapter 22 - Public Schools
Article 8 - Public School Finance

Section 22-8-6 - Operating budgets; educational plans; submission; certain reports; failure to submit. - A. Prior to April 15 of each year, each local...

Section 22-8-6.1 - Charter school operating budgets; maximum MEM. - A. Each state-chartered charter school shall submit to the charter...

Section 22-8-7 - Manner of budget submission. - All budgets submitted by a school district, locally chartered charter...

Section 22-8-7.1 - Certain school district budgets. - A. The local school board of a school district with...

Section 22-8-8 - Budgets; minimum student membership. - Without prior approval of the state superintendent [secretary], no local...

Section 22-8-9 - Budgets; minimum requirements. - A. An operating budget for a school district shall not...

Section 22-8-10 - Budgets; fixing the operating budget. - A. Prior to June 20 of each year, each local...

Section 22-8-11 - Budgets; approval of operating budget. - A. The department shall: (1) on or before July 1...

Section 22-8-12 - Operating budgets; amendments. - Operating budgets shall not be altered or amended after approval...

Section 22-8-12.1 - Membership projections and budget requests. - A. Each local school board or governing body of a...

Section 22-8-12.2 - Repealed. - Repeals. — Laws 1999, ch. 291, § 8 repealed 22-8-12.2...

Section 22-8-12.3 - Local school board finance subcommittee; audit committee; membership; duties. - A. As used in this section, "local school board" includes...

Section 22-8-13 - Reports. - A. Each public school shall keep accurate records concerning membership...

Section 22-8-13.1 - School district and charter school audits; sanctions for not submitting timely audit reports. - A. Each school district and charter school shall have an...

Section 22-8-13.2 - Financial reporting. - A. Each local superintendent or person in charge of the...

Section 22-8-13.3 - Reporting system; reporting requirements. - A. No later than December 31, 2021, the department, with...

Section 22-8-14 - Public school fund. - A. The "public school fund" is created. B. The public...

Section 22-8-15 - Allocation limitation. - A. The department shall determine the allocations to each school...

Section 22-8-16 - Payment to school districts. - The department shall make payments of each distribution of the...

Section 22-8-17 - Program cost determination; required information. - A. The program cost for each school district and charter...

Section 22-8-18 - Program cost calculation; local responsibility. - A. The total program units for the purpose of computing...

Section 22-8-19 - Early childhood education program units. - A. The number of early childhood education program units is...

Section 22-8-19.1 - Preschool programs; selected districts. - A. The children, youth and families department shall fund preschool...

Section 22-8-20 - Basic program units. - The number of basic program units is determined by multiplying...

Section 22-8-21 - Special education program units. - A. For the purpose of the Public School Finance Act,...

Section 22-8-22 - Bilingual multicultural education program units. - The number of bilingual multicultural education program units is determined...

Section 22-8-23 - Size adjustment program units. - A. An approved public school, including a charter school, with...

Section 22-8-23.1 - Enrollment growth program units. - A. A school district or charter school with an increase...

Section 22-8-23.2 - New district adjustment; additional program units. - A. A newly created school district is eligible for additional...

Section 22-8-23.3 - At-risk program units. - A. A school district is eligible for additional program units...

Section 22-8-23.4 - National board for professional teaching standards; certified teachers program units. - The number of program units for teachers certified by the...

Section 22-8-23.5 - Fine arts education program units. - The number of fine arts education program units is determined...

Section 22-8-23.6 - Charter school student activities program unit. - The charter school student activities program unit for a school...

Section 22-8-23.7 - Elementary physical education program units. - A. The number of elementary physical education program units is...

Section 22-8-23.8 - Home school student activities program unit. - The home school student activities program unit for a school...

Section 22-8-23.9 - Home school student program units. - Notwithstanding the provision in Section 22-8-2 NMSA 1978 defining a...

Section 22-8-23.10 - Extended learning time program. - A. A school district or charter school is eligible for...

Section 22-8-23.11 - K-5 plus program units. - The number of K-5 plus program units is determined by...

Section 22-8-23.12 - New program funding. - For the first year of programs operating pursuant to the...

Section 22-8-23.13 - Public education reform fund created. - A. The "public education reform fund" is created as a...

Section 22-8-24 - Instructional staff training and experience index; definitions; factors; calculations. - A. For the purpose of calculating the instructional staff training...

Section 22-8-25 - State equalization guarantee distribution; determination of amount. - A. To determine the amount of the state equalization guarantee...

Section 22-8-25.1 - Additional per unit distribution from public school fund. - The legislature shall maintain each year in the public school...

Section 22-8-26 - Transportation distribution. - A. Money in the transportation distribution of the public school...

Section 22-8-27 - Transportation equipment. - A. The department shall establish a systematic program for the...

Section 22-8-28 - Repealed. - Repeals. — Laws 1995, ch. 208, § 16 repealed 22-8-28...

Section 22-8-29 - Transportation distributions; reports; payments. - A. On the second reporting date and the third reporting...

Section 22-8-29.1 - Calculation of transportation allocation. - A. As used in this section: (1) "annual variables" means...

Section 22-8-29.2 - Repealed. - Repeals. — Laws 1999 (1st S.S.), ch. 11, § 6...

Section 22-8-29.3 - Repealed. - Repeals. — Laws 1999 (1st S.S.), ch. 11, § 6...

Section 22-8-29.4 - Transportation distribution adjustment factor. - A. The department shall establish a transportation distribution adjustment factor....

Section 22-8-29.5 - Repealed. - Repeals. — Laws 1999 (1st S.S.), ch. 11, § 6...

Section 22-8-29.6 - Transportation emergency fund. - A. The "transportation emergency fund" is created in the state...

Section 22-8-30 - Supplemental distributions. - A. The department shall make supplemental distributions only for the...

Section 22-8-30.1 - Recompiled. - Recompilation. — Laws 2004, ch. 27, § 28 recompiled former...

Section 22-8-30.2 - Recompiled. - Recompilation. — Laws 2004, ch. 27, § 28 recompiled former...

Section 22-8-31 - State-support reserve fund. - A. The "state-support reserve fund" is created. B. The state-support...

Section 22-8-32 - Current school fund; receipts; disposition. - A. As they are received, the state treasurer shall deposit...

Section 22-8-33 - Distribution of certain revenue. - There shall be distributed to the credit of each school...

Section 22-8-34 - Federal mineral leasing funds. - A. Money received by the state pursuant to the provisions...

Section 22-8-35 - Tax anticipation certificates. - A. For operating expenses, a local school board with the...

Section 22-8-36 - Certification of allocations; fund accounts. - The chief [secretary] shall certify periodically to each county treasurer...

Section 22-8-37 - Public school funds. - Except for money received for a cafeteria or for an...

Section 22-8-38 - Boards of finance; designation. - A. Upon written application to and approval of the department,...

Section 22-8-39 - Boards of finance; suspension. - The department may at any time suspend a local school...

Section 22-8-40 - Deposit of public school funds; distribution; interest. - A. All public money in the custody of school districts...

Section 22-8-40.1 - Deposit of public school funds; providing exception on interest rate limitation for "NOW" accounts. - Notwithstanding the provisions of Subsection E of Section 22-8-40 NMSA...

Section 22-8-41 - Restriction on operational funds; emergency accounts; cash balances. - A. A school district shall not expend money from its...

Section 22-8-42 - Violation of act; penalties. - A. Any person violating any provision of the Public School...

Section 22-8-43 - Public school reading proficiency fund; created. - The "public school reading proficiency fund" is created in the...

Section 22-8-44 - Educator licensure fund; distribution; appropriation. - A. The "educator licensure fund" is created in the state...

Section 22-8-45 - Teacher professional development fund. - A. The "teacher professional development fund" is created in the...

Section 22-8-45.1 - Beginning teacher mentorship fund; created. - The "beginning teacher mentorship fund" is created as a nonreverting...

Section 22-8-46 - Repealed. - History: Laws 2005, ch. 49, §1; 2006, ch. 56, §...

Section 22-8-47 - New Mexico government education fund. - A. The "New Mexico government education fund" is created in...

Section 22-8-48 - New school development fund; distribution. - A. The "new school development fund" is created in the...

Section 22-8-49 - Teacher cost index; licensure-experience factor; report. - A. The teacher cost index for each school district or...

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New Mexico Statutes Chapter 22 - Public Schools Article 8 - Public School Finance

New Mexico Statutes
Chapter 22 - Public Schools
Article 8 - Public School Finance