Albuquerque Public Schools unveils mind-blowing $2.16 BILLION budget

At the Rio Grande Foundation we have commented regularly in recent years on the rapid growth in per-student spending at New Mexico school districts. This is driven by two major factors, New Mexico’s massive budget growth and the ongoing decline in student numbers.

Albuquerque Public Schools, the State’s largest district unveiled its FY 2024 budget (next school year) and it’s a doozy. As noted on the APS website, total district spending for the upcoming fiscal year will be $2.16 billion.

According to the just-passed budget (which we obtained) the District’s enrollment will have dropped (again) to 68,902. So, dividing the $2.16 billion budget by 68,902 students gets you a mind-blowing spending number of $31,349 PER STUDENT!

That’s an increase of almost 69% since 2020 PER STUDENT. Will APS or any of New Mexico’s other school districts be able to move the needle on student outcomes or is the State just pouring good money after bad?


Print Friendly, PDF & Email

4 Replies to “Albuquerque Public Schools unveils mind-blowing $2.16 BILLION budget”

  1. I don’t believe an obscene amount of money is going to do anything. The ABQ Journal published school attendance awhile back and I was completely floored by the poor attendance of kids in APS. To me, this is indicative of a lack of parental support.

  2. Only place in the world where declining enrollment results in a higher budget. And no wonder enrollment is declining, the product is horrible. I only know of one or two kids on our street that go to APS, the rest are in private schools or homeschooled.

  3. Really bugged now. Know young woman who is in APS. She couldn’t even pass the stupid test. And she is teaching. Just don’t understand. I took the Mensa test, wasn’t that dang hard yet have a teacher at APS that can’t even pass the basic educator’s test. No wonder why enrollment is declining. band of idiots.

  4. How does this happen? Everything degrading. Don’t even need to test competence now. I just don’t understand anymore.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.