2017 New Mexico Statutes
Chapter 22 - Public Schools
Article 8 - Public School Finance
Section 22-8-12.1 - Membership projections and budget requests.
22-8-12.1. Membership projections and budget requests.
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; and
(2) submit annually, on or before November 30, to the secretary of finance and administration 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 for inclusion in the executive budget document; and
(c) appropriations for the succeeding fiscal year for pupil transportation and instructional materials.
History: 1953 Comp., 77-6-13.1, enacted by Laws 1978, ch. 128, 5; 1980, ch. 151, 48; 1988, ch. 64, 23; 1993, ch. 226, 20; 1999, ch. 291, 7; 2006, ch. 94, 7.