The Associated Press
SANTA FE — Spending on early childhood programs and public schools in New Mexico will top $2.75 billion in the coming budget year.
That’s the largest amount in state history. It will include funding to implement several new initiatives by the state Public Education Department.
The majority of the budget, $2.5 billion, goes to the schools based on a formula that takes into account student body size, school size and special education needs.
The rest of the budget is allocated for specific initiatives.