New Mexico SB178 revises school finance rules, requiring districts with over 2,000 students to allocate 90% of state funds to generating schools and.
New Mexico SB178 amends the Public School Finance Act to require school districts with over 2,000 students to allocate at least 90% of the state equalization guarantee distribution generated by each public school to that school. It also mandates that districts and charter schools develop three-year evidence-based spending plans to improve academic outcomes for at-risk students, including Native American, low-income, English learner, and special education students.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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