NM Schools Will Have $2.3 Billion Next Year

KOB - TV - SANTA FE, N.M. (AP) - A new report to legislators says public schools are facing a nearly 3 percent reduction in state aid in the upcoming budget year. The Legislative Finance Committee received preliminary budget estimates Wednesday showing a $66 million reduction from the current year in what will be distributed to school districts through the state's funding formula. Schools will get about $2.3 billion next year. Read full story here: News New Mexico

NM Schools Will Have $2.3 Billion Next Year