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NM SB105

NM SB105
School Finance Reporting Dates


summary

Introduced
01/20/2022
In Committee
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO PUBLIC SCHOOL FINANCE; CHANGING THE DATE SCHOOL BOARDS AND GOVERNING BODIES REPORT ESTIMATES TO THE PUBLIC EDUCATION DEPARTMENT; CHANGING THE DATE THE PUBLIC EDUCATION DEPARTMENT IS REQUIRED TO PROVIDE BUDGET RECOMMENDATIONS TO THE DEPARTMENT OF FINANCE AND ADMINISTRATION; CHANGING THE FIRST REPORTING DATE FOR THE CALCULATION OF MEMBERSHIP.

AI Summary

This bill changes the reporting dates for school finance-related information in New Mexico. Specifically, it moves the deadline for school boards and governing bodies to submit membership projections and budget requests to the Public Education Department from October 15 to October 5. It also changes the deadline for the Public Education Department to provide budget recommendations to the Department of Finance and Administration from November 30 to November 1. Additionally, the bill modifies the first reporting date for the calculation of student membership from the second Wednesday in October to October 1 or the first working day. The bill aims to align these reporting dates to facilitate the budgeting and finance process for public schools in the state.

Sponsors (1)

Last Action

Action Postponed Indefinitely (on 01/20/2022)

bill text


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