Albuquerque, New Mexico 2021-05-25 14:40:19 –
Albuquerque, New Mexico (KRQE) – Albakirk Public School The Board has approved a budget of approximately $ 2 billion from 2021 to 2022. That budget of $ 881 million will go to the district’s annual operations.
Part of that is a 1.5% salary increase for all APS staff, raising the minimum wage to $ 11.50 per hour, adding nearly $ 9 million to the budget. However, with a potential decline of 5,200 students next year, APS could lose $ 52 million from its operating budget as it will be funded based on the number of enrolled students.
The budget will be submitted to the State Department of Public Education for approval on Wednesday, May 26th.
APS Board approves $1.8B budget for 2021-2022 fiscal year Source link APS Board approves $1.8B budget for 2021-2022 fiscal year