A. The program cost for each school district and charter school shall be determined by the department in accordance with the provisions of the Public School Finance Act. B. The department is authorized to require from each school district and charter school the information necessary to make an accurate determination of the district's or charter school's program cost. History: 1953 Comp., § 77-6-18, enacted by Laws 1969, ch. 180, § 13; reenacted by Laws 1974, ch. 8, § 7; 1988, ch. 64, § 28; 2006, ch. 94, § 11. ANNOTATIONSThe 2006 amendment, effective July 1, 2007, added 'charter school' in Subsections A and B. The 1988 amendment, effective May 18, 1988, substituted 'department' for 'chief' once in each subsection. Am. Jur. 2d, A.L.R. and C.J.S. references. — Determination of school attendance, enrollment, or pupil population for purpose of apportionment of funds, 80 A.L.R.2d 953. Property taxes: validity of basing public school financing system on local property taxes, 41 A.L.R.3d 1220.
New Mexico Legal Code