AN ACT

RELATING TO PUBLIC SCHOOL BUDGET REQUESTS; CHANGING THE DATE BUDGET RECOMMENDATIONS ARE DUE.

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

     Section 1. Section 22-8-12.1 NMSA 1978 (being Laws 1978, Chapter 128, Section 5, as amended) is amended to read:

     "22-8-12.1. MEMBERSHIP PROJECTIONS AND BUDGET

REQUESTS.--

          A. Each local school board shall submit annually, on or before October 15, 2005 and on or before September 30, 2006 and subsequent years 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 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 for the succeeding fiscal year; and

                (2) submit annually, on or before October 15, 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."

HB 873

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