ERIC Number: ED414803
Record Type: Non-Journal
Publication Date: 1997
Reference Count: N/A
Legislative Report. 43rd Legislature, First Session, 1997.
New Mexico Commission on Higher Education.
This report provides an overview of legislative actions relating to higher education in New Mexico during fiscal year 1997-98. The governor signed into law approximately $485 million in appropriations from the state general fund for the operation of higher education institutions and programs in 1997-98, a decrease of 0.5 percent from the current fiscal year. The legislature supported the priority request of the New Mexico Commission on Higher Education for $2.6 million in additional appropriations to address the workload increases generated by two- and four-year institutional funding formulas, but then cut four-year instruction and general funding by 1 percent, or about $2.6 million. The governor also vetoed a compensation increase of 2 percent for higher education, public schools, and state government. State financial aid experienced some decreases, but on the whole this should not adversely affect students, since total aid expenditures were held flat to the current year. Appended are summaries of New Mexico House and Senate bills affecting higher education that passed or that did not passed.(MDM)
Descriptors: Capital Outlay (for Fixed Assets), Compensation (Remuneration), Educational Finance, Educational Policy, Expenditure per Student, Faculty Workload, Higher Education, Parent Financial Contribution, Public Colleges, State Aid, State Boards of Education, State Legislation, State Programs, Student Financial Aid, Student Loan Programs
New Mexico Commission on Higher Education, 1068 Cerrillos Road, Santa Fe, NM 8750l-4295.
Publication Type: Legal/Legislative/Regulatory Materials; Reports - Descriptive
Education Level: N/A
Authoring Institution: New Mexico Commission on Higher Education.
Identifiers - Location: New Mexico