New Mexico

This manuscript provides salient information regarding school finance policy enacted in New Mexico’s 56th Legislative Second Regular Session of 2024. New Mexico consistently evaluates its P-20 education system, including relevant funding to address educational inequities. The New Mexico governor, Michelle Lujan Grisham, emphasizes education as a top priority, increasing funding for K-12 and higher education. This manuscript provides a synoptic overview of Governor Lujan Grisham’s budget for education and subsequent legislation passed in 2nd Session of New Mexico’s 56th Legislature.