45th legislature - STATE OF NEW MEXICO - first session, 2001

MAKING AN APPROPRIATION TO THE STATE DEPARTMENT OF PUBLIC EDUCATION FOR THE SECOND YEAR OF A THREE-YEAR PHASE-IN OF PERFORMANCE-BASED BUDGETING AND REPORTING.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. APPROPRIATION.--One million five hundred thousand dollars ($1,500,000) is appropriated from the general fund to the state department of public education for expenditure in fiscal year 2002 for the second year of a three-year phase-in of educational technology and training for personnel in the state department of public education and selected school districts to establish a system of performance-based budgeting and reporting that integrates financial data with school performance and student achievement data. The state department of public education shall ensure that the necessary software is installed in at least one-half of the public school districts that did not receive funds under the first year of the three-year phase-in, including those containing charter schools and schools identified by the state board of education as schools in need of improvement, to implement performance-based budgeting and reporting by July 1, 2002. Any unexpended or unencumbered balance remaining at the end of fiscal year 2002 shall revert to the general fund.