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Deming board approves end-of-year budget adjustments, amends 2025–26 operational budget
Summary
The school board approved multiple budget adjustment requests including federal grant reconciliations and transfers, and voted to approve an amended operational budget for 2025–26; staff said the adjustments reflect carryover funds, corrected cash-balance estimates and a change to NM PreK indirect-cost allowance.
Deming Public Schools staff presented year-end budget adjustment requests and the board approved the package and an amended 2025–26 operational budget Thursday, citing federal carryovers, corrections to projected cash balances and a change in allowable indirect costs for the New Mexico PreK program.
Staff member Adcock told the board the packet included a final award reduction “just shy of $70,000” and several routine decreases to align budget authority with actual cash balances. He also…
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