AN ACT
RELATING TO PUBLIC SCHOOL FINANCE;
CHANGING THE CALCULATION FOR DETERMINING ENROLLMENT GROWTH PROGRAM UNITS.
BE IT ENACTED BY THE LEGISLATURE OF
THE STATE OF NEW MEXICO:
Section 1. Section 22-8-23.1 NMSA 1978 (being Laws 1990
(1st S.S.), Chapter 3, Section 7, as amended) is amended to read:
"22-8-23.1. ENROLLMENT GROWTH PROGRAM UNITS.--
A. A school district with an increase in MEM
equal to or greater than one percent, when compared with the immediately
preceding year, is eligible for additional program units. The increase in MEM shall be calculated as
follows:
(Current Year MEM - Previous
Year MEM)
X 100 =
Percent Increase Previous
Year MEM
The number of additional
program units shall be calculated as follows:
((Current
Year MEM - Previous Year MEM) - (Current Year MEM x .01)) X 1.5 = Units.
B.
In addition to the units calculated in
Subsection A of this section, a school district with an increase in MEM equal
to or greater than one percent, when compared with the immediately preceding
year, is eligible for additional program units.
The increase in MEM shall be calculated in the following manner:
(Current Year MEM - Previous Year MEM)
X 100 = Percent Increase.
Previous Year MEM
The number of additional program units
to which an eligible school district is entitled under this subsection is the
number of units computed in the following manner:
((Current Year MEM - Previous
Year MEM) X .50 = Units.
C. As used in this section:
(1) "current year MEM" means MEM on the
fortieth day of the current year;
(2) "MEM" means the total school
district membership, including early childhood education full-time equivalent
membership and special education membership, but excluding full-day kindergarten
membership for the first year that full-day kindergarten is implemented in a
school pursuant to Subsection D of Section 22-2-19 NMSA 1978; and
(3) "previous year MEM" means MEM on
the fortieth day of the previous year."
HB 169
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