You are here: Home About APS Policies and Procedural Directives Policies Old Policies D.08 Capital Leaser Obligations - March 2009 Revision

D.08 Capital Leaser Obligations - March 2009 Revision

Note: This policy was reviewed and moved in June 2012. We provide this revision for historic purposes only. Please refer to the current policy.

The Board of Education encourages the use of lease purchase arrangements pursuant to 2006 Constitutional Amendment, Article 9, Section 11, Subsection D, and Section 22-26A-1 et seq. NMSA 1978 when such financing method is beneficial to the School District or on an approved charter. The Board of Education directs the Superintendent of the Albuquerque Public Schools to institute a procedural directive that reflects the important role of lease purchase arrangements and facilitates entering into and financing the retirement of capital lease obligations.

Reviewed: February 24, 2009
Approved: March 4, 2009

Document Actions
News
Grant Provides Books for Students New to the Country
Highland High School is using a $25,000 Success Award from the APS Education Foundation to buy books for students just learning to read English.
Deep Diving
In her weekly message, Supt. Reedy looks at ways the district is helping schools to improve including instructional rounds.
Aztec in our Thoughts & Prayers
A message from Superintendent Raquel Reedy about the school shooting at Aztec High School in Northern New Mexico.
Superintendent's Contract Extended
Raquel Reedy's contract, approved by the Board of Education on Wednesday, was extended a year to June 30, 2020.
A Principal's Guide to Learning Zones - Part 3
This week we hear from Principal Shawn Morris of Van Buren Middle School in LZ1.