ALBUQUERQUE, N.M. (KRQE) – This week, the Albuquerque Public Schools Board of Education approved a record-setting budget for the next school year. On Wednesday, the board approved a $2.2 billion budget for fiscal year 2026. That shakes out to about $35,000 per student, which is about $3,000 more per student than last fiscal year.
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Despite declining enrollment, this is the district’s largest budget yet, with over half going to staff salaries and the cost to operate the schools. The budget now goes to the New Mexico Public Education Department for approval.
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