New Mexico Administrative Code
Title 6 - PRIMARY AND SECONDARY EDUCATION
Chapter 20 - PUBLIC SCHOOL FINANCE - BUDGETING AND ACCOUNTING
Part 2 - GOVERNING BUDGETING AND ACCOUNTING FOR NEW MEXICO PUBLIC SCHOOLS AND SCHOOL DISTRICTS
Section 6.20.2.25 - SAVE HARMLESS CALCULATION
Universal Citation: 6 NM Admin Code 6.20.2.25
Current through Register Vol. 35, No. 18, September 24, 2024
Beginning January 26, 2021 and thereafter, the department shall calculate funding of program units under the save harmless provision for a school district or charter school with fewer than 200 students. Save harmless calculations shall include:
A. the number of program units to which a school district or charter school is entitled using the MEM of the first reporting period of the current year;
B. size adjustment program units; and
C. enrollment growth program units.
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