APS Board approves $2.3 billion FY2027 budget; two members dissent over cuts to PE and classroom supports

The Albuquerque Public Schools Board of Education on May 6 approved a $2.3 billion fiscal year 2027 budget that the administration said aligns district resources with board goals while covering a projected $16.1 million shortfall from reserves.

Superintendent Duran Blakey and the finance team presented the budget as a balanced plan that reflects a projected decline of 2,560 students, a state-mandated 1% salary increase and a shift to an 80% employer contribution for employee insurance. Chief financial staff and budget staff explained that revenue estimates, including an estimated SEG (state equalization) allocation of about $1.019 billion, combined with federal and other funds, produce a total operational plan of approximately $1.057 billion for the operating fund; the administration said the remaining shortfall will be covered through planned fund balance while maintaining the…