22-8-33. Distribution of certain revenue.
91 words·~1 min read·
/nm/chapter-22-public-schools/article-8-public-school-finance/22-8-33·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
There shall be distributed to the credit of each school district in a county, according to the proportion that the forty-day average daily membership of the school district bears to the forty-day average daily membership of the entire county, all revenue received by the county for public school purposes from the forest reserve funds distributed pursuant to Section 6-11-3 NMSA 1978.
History: 1953 Comp., § 77-6-35, enacted by Laws 1967, ch. 16, § 89; 1969, ch. 180, § 24; 1972, ch. 90, § 3; 1985 (1st S.S.), ch. 15, § 18.