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New Mexico Education Agency Missed Deadline, $37M Requested - Associated Press The New Mexico Public Education Department has missed a deadline to submit ....
The New Mexico Public Education Department is weighing its options after learning its failure to meet a deadline to submit school funding data to the federal government could cost the state millions of dollars. The PED s submission was three days late, federal officials say, and now the agency has asked the state treasurer to transfer more than $37.5 million from a state reserve fund by the end of the month to make distributions to local education agencies. The shortfall at the state agency comes after the PED in March 2020 missed a deadline by which to submit a full application seeking U.S. Department of Education approval to take credit for federal Impact Aid in the state s formula for funding public schools. ....
PED's missed deadline could cost New Mexico millions in funds scsun-news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scsun-news.com Daily Mail and Mail on Sunday newspapers.