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Gadsden board approves preliminary $422 million 2025–26 budget for submission to state
Summary
The Gadsden Independent School District board voted to submit a $422 million preliminary operating budget to the New Mexico Public Education Department, preserving staffing levels while setting aside higher-than-normal cash reserves amid federal funding uncertainty.
The Gadsden Independent School District board on May 20 approved a preliminary 2025–26 operating budget totaling about $422,000,000 and authorized submission of the plan to the New Mexico Public Education Department.
The budget presentation outlined a $242 million operational budget, roughly $55.3 million in special revenue, about $70.95 million in capital projects and $37.1 million for debt service. District staff said the state equalization…
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