During its meeting in July, the Los Alamos Board of Education will unveil a plan to pay back the $218,000 it owes New Mexico’s Public Education Department.
In May, the PED notified all of the school districts throughout the state that it may have paid them too much or too little in funding to help with at-risk students due to an alphabetization error.
As it turned out, Los Alamos was paid too much, to the tune of $218,000.
At that meeting, the board will then make a recommendation to the district as to what options it should pursue.
“We would like your guidance,” Superintendent of Schools Dr. Gene Schmidt said to the board. “That guidance could be to pay it all back in one lump sum, it could be to pay it back 1/12th the amount monthly over the course of a year, or we could delay it for five years.”