2020 New Mexico Statutes
Chapter 22 - Public Schools
Article 8 - Public School Finance
Section 22-8-23.12 - New program funding.
For the first year of programs operating pursuant to the K-5 Plus Act, the Bilingual Multicultural Education Act, the Fine Arts Education Act or for extended learning time programs, a school district or charter school shall generate the applicable program units. A school district's or charter school's budget shall be based on the projected number of program units for the program's first year of operation and shall be adjusted using the qualified MEM on the first reporting date of the current school year.
History: Laws 2019, ch. 206, § 18 and Laws 2019, ch. 207, § 18.
ANNOTATIONSDuplicate laws. — Laws 2019, ch. 206, § 18, effective June 14, 2019, and Laws 2019, ch. 207, § 18, effective June 14, 2019, enacted identical new sections. The section was set out as enacted by Laws 2019, ch. 207, § 16. See 12-1-8 NMSA 1978.
Applicability. — Laws 2019, ch. 206, § 29 provided that the provisions of Laws 2019, ch. 207, § 18 apply to the program cost calculation in fiscal year 2020 and subsequent fiscal years.
