RIO RANCHO, N.M. — Members of the Rio Rancho Public Schools Board of Education unanimously approved “a budget” for the 2020-21 school year in a online session Monday, all five of them knowing the “real budget” will look quite different.
That’s because of expected budget deficits at the state level, thanks to the COVID-19 crisis, which impact school districts’ budgets. The New Mexico legislature is expected to convene in special session before July 1.
“We have balanced the budget,” Chief of Operations Mike Baker told the board. “It’s extremely likely we will have to revise the budget.”