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Los Alamos Public Schools is sponsoring a Town Hall Meeting at 7 p.m. Thursday at Fuller Lodge, to review the implications of House Bill 241.
It is expected the bill will be presented to the New Mexico Legislature during its upcoming session and, if enacted, could result in funding cuts of about $3 million to the Los Alamos Public Schools.
Last year, Representative Mimi Stewart, D-Bernalillo, introduced this bill that revamps the educational funding formula currently used in New Mexico.
While almost every district in the state will receive more money under its provisions, there are about three that will lose.
Los Alamos is one of those and stands to lose the most – a worst-case scenario would cut $2 million from the general fund and another $800,00 presently received for Gifted Education.
Special Education in services will also be limited to 16 percent of any student population. Currently LAPS has identified approximately 18 percent of the students as needing special education.
The new funding formula (created by American Institutes for Research, a California company contracted by the state) is supposed to provide a “sufficient” education for every student.
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