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Rio Rancho Public Schools adopts $253 million budget for 2025–26 school year
Summary
The Rio Rancho Public Schools Board of Education approved a $253 million budget for fiscal year 2025–26, including a 4% salary increase and a $6 million reserve; the vote was unanimous after a finance-committee review and a legislative boost to state funding.
The Rio Rancho Public Schools Board of Education approved a $253 million budget for the 2025–26 fiscal year during its May 12 meeting, adopting the plan at a roll-call vote after presentations by district finance staff.
The adopted budget estimates total revenue at about $253,000,000, including an estimated State Equalization Guarantee (SEG) of roughly $230,000,000; a beginning fund balance just under $16,000,000; and other revenue sources (user fees and taxes) of about $4.4 million. The board also maintained a board-policy reserve of $6,000,000.
Superintendent B.C. Cleveland and Chief…
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