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Hobbs Schools approves $136 million operating budget for FY26 with minimum 4% raise for staff
Summary
The board approved the FY26 operational budget after a presentation showing a larger-than-projected state unit value, funding a 4% across-the-board minimum raise and a $250,000 placeholder for safety and security.
The Hobbs Municipal Schools Board of Education approved the district’s FY26 operational budget after staff presented revenue estimates and planned expenditures.
Business officials told the board the state unit value and final calculations produced a general fund (SEG) figure of $134,801,383.13; total projected operating revenue shown in the budget packet was approximately…
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