New Mexico Statutes
Article 8 - Public School Finance
Section 22-8-10 - Budgets; fixing the operating budget.

A. Prior to June 20 of each year, each local school board and each governing board of a charter school shall, at a public hearing of which notice has been published by the local school board or governing board of a charter school, fix the operating budget for the school district or charter school for the ensuing fiscal year. At the discretion of the secretary or the local school board or governing body of a charter school, the department may participate in the public hearing.
B. Prior to the public hearing held to fix the operating budget for the school district or charter school, the local school board or governing body of a charter school shall give notice to parents explaining the budget process and inviting parental involvement and input in that process prior to the date for the public hearing. The educational plan submitted by the local school board or the governing body of a charter school to the department shall include information on parental involvement and input.
History: 1953 Comp., § 77-6-11, enacted by Laws 1967, ch. 16, § 65; 1988, ch. 64, § 20; 1989, ch. 225, § 1; 1993, ch. 41, § 1; 1999, ch. 291, § 4; 2019, ch. 206, § 11; 2019, ch. 207, § 11.
The 2019 amendment, effective June 14, 2019, provided that the educational plan submitted to the public education department by the local school board or the governing body of a charter school shall include information on parental involvement and input, and made certain technical amendments; in Subsection A, after "each local school board", added "and each governing board of a charter school", after "by the local school board", added "or governing board of a charter school", after "school district", added "or charter school", and after "or the local school board", added "or governing body of a charter school"; and in Subsection B, after "school district", added "or charter school", after "local school board", added "or governing body of a charter school", and added the last sentence.
Laws 2019, ch. 206, § 11, and Laws 2019, ch. 207, § 11, both effective June 14, 2019, enacted identical amendments to this section. The section was set out as amended by Laws 2019, ch. 207, § 11. See Section 12-1-8 NMSA 1978.
Applicability. — Laws 2019, ch. 206, § 29 and Laws 2019, ch. 207, § 29, provided that the provisions of §§ 2 through 19 apply to the program cost calculation in fiscal year 2020 and subsequent fiscal years.
The 1999 amendment, effective April 8, 1999, substituted "operating budget" for "estimated budget" throughout the section.
The 1993 amendment, effective March 17, 1993, designated the formerly undesignated provisions as Subsection A and added Subsection B.
The 1989 amendment, effective June 16, 1989, deleted "and the department" preceding "shall" in the first sentence, and added the second sentence.
The 1988 amendment, effective May 18, 1988, substituted "department" for "chief".

Structure New Mexico Statutes

New Mexico Statutes

Chapter 22 - Public Schools

Article 8 - Public School Finance

Section 22-8-1 - Short title.

Section 22-8-2 - Definitions.

Section 22-8-3 - Office of education abolished; functions transferred.

Section 22-8-4 - Department; duties.

Section 22-8-5 - Rules; procedures.

Section 22-8-5.1 - Procurement, travel and gas cards.

Section 22-8-6 - Operating budgets; educational plans; submission; certain reports; failure to submit.

Section 22-8-6.1 - Charter school operating budgets; maximum MEM.

Section 22-8-7 - Manner of budget submission.

Section 22-8-7.1 - Certain school district budgets.

Section 22-8-8 - Budgets; minimum student membership.

Section 22-8-9 - Budgets; minimum requirements.

Section 22-8-10 - Budgets; fixing the operating budget.

Section 22-8-11 - Budgets; approval of operating budget.

Section 22-8-12 - Operating budgets; amendments.

Section 22-8-12.1 - Membership projections and budget requests.

Section 22-8-12.2 - Repealed.

Section 22-8-12.3 - Local school board finance subcommittee; audit committee; membership; duties.

Section 22-8-13 - Reports.

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

Section 22-8-13.2 - Financial reporting.

Section 22-8-13.3 - Reporting system; reporting requirements.

Section 22-8-14 - Public school fund.

Section 22-8-15 - Allocation limitation.

Section 22-8-16 - Payment to school districts.

Section 22-8-17 - Program cost determination; required information.

Section 22-8-18 - Program cost calculation; local responsibility.

Section 22-8-19 - Early childhood education program units.

Section 22-8-19.1 - Preschool programs; selected districts.

Section 22-8-20 - Basic program units.

Section 22-8-21 - Special education program units.

Section 22-8-22 - Bilingual multicultural education program units.

Section 22-8-23 - Size adjustment program units.

Section 22-8-23.1 - Enrollment growth program units.

Section 22-8-23.2 - New district adjustment; additional program units.

Section 22-8-23.3 - At-risk program units.

Section 22-8-23.4 - National board for professional teaching standards; certified teachers program units.

Section 22-8-23.5 - Fine arts education program units.

Section 22-8-23.6 - Charter school student activities program unit.

Section 22-8-23.7 - Elementary physical education program units.

Section 22-8-23.8 - Home school student activities program unit.

Section 22-8-23.9 - Home school student program units.

Section 22-8-23.10 - Extended learning time program.

Section 22-8-23.11 - K-5 plus program units.

Section 22-8-23.12 - New program funding.

Section 22-8-23.13 - Public education reform fund created.

Section 22-8-24 - Instructional staff training and experience index; definitions; factors; calculations.

Section 22-8-25 - State equalization guarantee distribution; determination of amount.

Section 22-8-25.1 - Additional per unit distribution from public school fund.

Section 22-8-26 - Transportation distribution.

Section 22-8-27 - Transportation equipment.

Section 22-8-28 - Repealed.

Section 22-8-29 - Transportation distributions; reports; payments.

Section 22-8-29.1 - Calculation of transportation allocation.

Section 22-8-29.2 - Repealed.

Section 22-8-29.3 - Repealed.

Section 22-8-29.4 - Transportation distribution adjustment factor.

Section 22-8-29.5 - Repealed.

Section 22-8-29.6 - Transportation emergency fund.

Section 22-8-30 - Supplemental distributions.

Section 22-8-30.1 - Recompiled.

Section 22-8-30.2 - Recompiled.

Section 22-8-31 - State-support reserve fund.

Section 22-8-32 - Current school fund; receipts; disposition.

Section 22-8-33 - Distribution of certain revenue.

Section 22-8-34 - Federal mineral leasing funds.

Section 22-8-35 - Tax anticipation certificates.

Section 22-8-36 - Certification of allocations; fund accounts.

Section 22-8-37 - Public school funds.

Section 22-8-38 - Boards of finance; designation.

Section 22-8-39 - Boards of finance; suspension.

Section 22-8-40 - Deposit of public school funds; distribution; interest.

Section 22-8-40.1 - Deposit of public school funds; providing exception on interest rate limitation for "NOW" accounts.

Section 22-8-41 - Restriction on operational funds; emergency accounts; cash balances.

Section 22-8-42 - Violation of act; penalties.

Section 22-8-43 - Public school reading proficiency fund; created.

Section 22-8-44 - Educator licensure fund; distribution; appropriation.

Section 22-8-45 - Teacher professional development fund.

Section 22-8-45.1 - Beginning teacher mentorship fund; created.

Section 22-8-46 - Repealed.

Section 22-8-47 - New Mexico government education fund.

Section 22-8-48 - New school development fund; distribution.

Section 22-8-49 - Teacher cost index; licensure-experience factor; report.