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Hobbs district previews preliminary 2025-26 budget; House Bill 63 and updated unit values boost revenue estimate
Summary
District staff presented a preliminary operating budget using updated state unit values and legislative changes; officials estimate higher SEG revenue driven by a revised secondary factor and a $6,801.35 unit value, and projected additional personnel costs tied to a 4% salary increase.
District staff presented preliminary budget projections for fiscal year 2025-26 at the Hobbs Municipal Schools Board meeting on April 15, outlining how recent legislative changes and the state's unit value affect district revenue and staffing costs.
Brian (district budget lead) described the district's use of membership averages (80/40/120-day counts) to project units and revenue on the 9-10B-5 planning form. He said the state unit value provided in the spring budget workshop is $6,801.35 and the district's current total generated units are about 19,658, which produced a preliminary SEG figure the presenter cited as…
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