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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 $136,127,901 (figures provided by district staff in the meeting packet). The board approved the budget at the meeting following discussion and motions from the dais.
The approved plan includes a districtwide minimum 4% raise for all employees and a placeholder of $250,000 in the budget for safety and security efforts, separate from capital projects. Administrators said the 4% increase is a floor and that salary schedules will reflect a larger 5% increase on the formal schedules for next year.
Why it matters: roughly 85–87% of the district’s budget is personnel costs; the board’s budget directs most money to classroom staff and services. Administrators stressed that the district prioritized instructional positions and returned campus requests where possible.
Budget details: administrators reported an increase in employee benefits costs that exceeded initial estimates (insurance costs rose about 10% versus the 8% projection). The presentation noted the district’s continuing reliance on a mix of SEG, property taxes, oil-and-gas revenue estimates and other local receipts.
A formal vote to adopt the operational budget carried at the meeting.
