- Associated Press - Thursday, January 19, 2017

ALBUQUERQUE, N.M. (AP) - Albuquerque Public Schools is looking for ways to trim its budget in light of possible cuts to state funding.

The Albuquerque Journal reports (https://bit.ly/2k7SUvP ) that the APS board is anticipating an additional $7 million to $12 million reduction for the current fiscal year that could be finalized by lawmakers during the legislative session.

Chief Finance Officer Tami Coleman sent a document to board members identifying cost-cutting measures that include layoffs, shortening the academic year and scheduling some four-day weeks across the district.

APS is waiting for final budget figures from state lawmakers, who are dealing with a $69 million deficit for the current fiscal year. The deficit is largely due to declining oil and gas revenue, with another deficit looming for the new fiscal year that begins July 1.


Information from: Albuquerque Journal, https://www.abqjournal.com

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