.....Advertisement.....
.....Advertisement.....

Board decides best way to refund state

-A A +A

Education > Concerns mount there may be other funding errors

By Tris DeRoma

Pay it all off at once, or do it one payment at a time. That was the choice given to the Los Alamos Board of Education this week in reference to a miscalculation made by New Mexico’s Public Education Department.

Earlier this year, the PED inadvertently paid LAPS $218,000 more than it should have for its at-risk student program. At first, the PED said districts that it overpaid could keep the money, but after some lengthy consultations with its legal experts, the district is going to have to pay the money back.

“I’m looking for direction as to how we do that,” Superintendent of Schools Dr. Gene Schmidt said to the board. “One possibility that Dr. Honnell brought up was to pay it all back at once, and we could do that.”

Schmidt said the other option would be to pay it out in $18,000-a-month payments over the next year.

“It’s really about the value of the money,” Schmidt said. “What is that $200,000 worth, subtracting $18,000 a month over the next 11 months? If that represents a cost savings of under $80, we might as well just pay it off....the board has to decide what the value of the money is.”


If you subscribe to the newspaper, you receive FREE access to all the exclusive content of the web site! Simply register to receive uninterrupted access to our award-winning and in-depth local online content!

Renew Current or Past Subscription / Register for Online Subscription

If you currently subscribe or have subscribed in the past to the Los Alamos Monitor, then simply find your account number on your mailing label and enter it below.

Click the question mark below to see where your account ID appears on your mailing label.

Newspaper Acct. ID:
info
Street Address:
(exactly as it appears on the label)

If you are a subscriber and you do not know your account ID or don't have a copy of your newspaper available that shows the information on the address label you can click continue below to search for your account.

New Subscription/30 Day Free Trial Account

If you are new to the award winning Los Alamos Monitor and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.

ZIP Code:



Create a limited access account.
Register to participate in community forums, post on the community calendar, blog etc. This registration does not give you full access to read our award winning content, etc.

The Los Alamos Monitor | lacirculation@lamonitor.com | 505-662-4185
256 DP Road, Los Alamos, NM 87544
Office Hours are 8:00 a.m. to 5:00 p.m., Monday through Friday