HOUSE BILL 398

48th legislature - STATE OF NEW MEXICO - second session, 2008

INTRODUCED BY

Mimi Stewart

FOR THE FUNDING FORMULA STUDY TASK FORCE

AN ACT

MAKING APPROPRIATIONS TO SUPPLEMENT PUBLIC SCHOOL FUNDING, TO SUPPORT EXISTING LAW AND TO PROVIDE REQUIRED RESOURCES TO THE PUBLIC EDUCATION DEPARTMENT TO IMPLEMENT PROVISIONS OF EDUCATION REFORM AND PUBLIC SCHOOL FINANCE REFORM.

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

     Section 1. SPECIAL EDUCATION CATASTROPHIC AID FUND APPROPRIATION.--Seven million dollars ($7,000,000) is appropriated from the general fund to the special education catastrophic aid fund for expenditure in fiscal year 2009 and subsequent fiscal years to carry out the purposes of the fund. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.

     Section 2. FAMILY AND YOUTH RESOURCE APPROPRIATION.--Three million dollars ($3,000,000) is appropriated from the general fund to the family and youth resource fund for expenditure in fiscal year 2009 and subsequent fiscal years to provide grants to public-education department-approved school programs pursuant to the Family and Youth Resource Act. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.

     Section 3. NEW SCHOOL DEVELOPMENT FUND APPROPRIATION.--Three million dollars ($3,000,000) is appropriated from the general fund to the new school development fund for expenditure in fiscal years 2008 and subsequent fiscal years to carry out the purposes of the fund. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.

     Section 4. PUBLIC EDUCATION DEPARTMENT APPROPRIATIONS.-- The following amounts are appropriated from the general fund to the public education department for expenditure in fiscal year 2009 for the following purposes, and any unexpended or unencumbered balance remaining at the end of fiscal year 2009 shall revert to the general fund:

          A. two hundred fifty thousand dollars ($250,000) for expenses related to planning and implementing the new funding formula and the statutory accountability measures, including contractual services;

          B. two hundred fifty thousand dollars ($250,000) for personnel and other expenses related to collecting and confirming school district data that are required to be reported for the student teacher accountability report system or other data required by the department; and

          C. four hundred thousand dollars ($400,000) for program managers to evaluate, monitor and provide technical assistance to school districts in the development and execution of educational plans for student success and other accountability indicators.

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