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APS finance committee reviews December budget transfers; staff explain reallocations and small FTE changes
Summary
The Albuquerque Public Schools Finance Committee reviewed and recommended approval of December 2025 inter- and intra-function transfers across grant and operational funds, with staff explaining these are zero-sum reallocations tied to school-identified needs and state grant rules. Committee members pressed for school-level details after staff flagged examples that reduce small fractions of FTEs to fund teacher stipends and substitutes.
The Albuquerque Public Schools Board of Education Finance Committee on Jan. 29 reviewed December 2025 inter- and intra-function budget transfers for grant and noncategorical funds and recommended they be placed on the Feb. 4 consent agenda.
Grants management and finance staff told the committee the transfers are zero-sum reallocations within the existing budget that move funds between expense purposes — such as compensation, professional development and supplies — and that such moves must align with approved grant applications and New Mexico Public Education Department regulations. "All interfunction and intrafunction transfer are 0 sum transfers," said Mihaela Marin, senior director of grants management, explaining the transfers reallocate existing grant dollars rather than add new funding.
Marin described the school-driven workflow: a school or teacher…
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