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You are here: APS Home → Finance → Budget, Planning and Analysis → 2010-2011 Budget

2010-2011 Budget

See how the district budgeted its money during the 2009-2010 school year by referring to these documents:

On June 2, 2010, the Albuquerque Public Schools Board of Education approved the district’s $1.2 billion budget for the current school year, which included $38 million in cuts to balance its operating budget for the 2010-11 school year.

2010-2011 Budget Documents

2010-2011 Budget Facts

The total 2010-2011 APS budget is $1.2 billion. That includes:

  • $616 million to fund day-to-day operations of the district with funds coming from sources including
    • $595 million from the State Equalization Guarantee
    • $6.1 million from federal stabilization funds
    • $10 million from other revenue sources

  • $290.7 million from capital funds (voter-approved property taxes for new construction, renovations, maintenance and technology)

  • $135.8 million from special revenue funds (grants, athletics, food services)

  • $114.6 million debt service fund (for repayment of outstanding debt)

The majority of funding from the state is distributed to school districts using a formula known as the state equalization guarantee. The distribution is based primarily on student population and demographics. State of New Mexico revenue comes from a variety of sources including taxes, earnings on investments and federal mineral leases.

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