Chapter 22, Article 8 NMSA 1978 may be cited as the "Public School Finance Act".
History: 1953 Comp., § 77-6-1, enacted by Laws 1967, ch. 16, § 55; 2003, ch. 153, § 28.
ANNOTATIONSCross references. — For general obligation bonds of school districts, see 22-18-1 NMSA 1978 et seq.
For school revenue bonds, see 22-19-1 NMSA 1978 et seq.
For public school emergency capital outlay, see 22-24-1 NMSA 1978 et seq.
For public school capital improvements, see 22-25-1 NMSA 1978 et seq.
The 2003 amendment, effective April 4, 2003, substituted "Chapter 22, Article 8 NMSA 1978" for "Sections 22-8-1 through 22-8-42 NMSA 1978" at the beginning of the section.
No contractual right to free public education. — The right and privilege to a free public education does not give rise to a contractual relationship for which an individual may sue for breach of contract. Rubio v. Carlsbad Mun. Sch. Dist., 1987-NMCA-127, 106 N.M. 446, 744 P.2d 919.
Education of nonresidents without taking state allotment unconstitutional donation. — To the extent that a local school district would undertake the total burden of educating nonresident students without benefit of state allotment as dispensed on the basis of average daily membership, the school district would still be making a donation in aid of those students in violation of N.M. Const., art. IX, § 14. 1978 Op. Att'y Gen. No. 78-14.