According to figures compiled by the Rio Grande Foundation (RGF), Albuquerque Public Schools is spending an insane amount of taxpayer dollars per student while enrollment in the school declines.
“Albuquerque Public Schools, the State’s largest district unveiled its FY 2024 budget (next school year) and it’s a doozy. As noted on the APS website, total district spending for the upcoming fiscal year will be $2.16 billion,” wrote the group.
RGF noted, “According to the just-passed budget (which we obtained) the District’s enrollment will have dropped (again) to 68,902. So, dividing the $2.16 billion budget by 68,902 students gets you a mind-blowing spending number of $31,349 PER STUDENT!”
“That’s an increase of almost 69% since 2020 PER STUDENT. Will APS or any of New Mexico’s other school districts be able to move the needle on student outcomes or is the State just pouring good money after bad?”
On average, education systems nationwide spend $15,120 per pupil in K-12 public education annually, according to figures from the Education Data Initiative. That means APS delves out more money than double the national average per student.
Despite the high spending, the school district has only a three percent higher graduation rate than the state at 80 percent versus the state average of 77 percent.
“Public Schools in Albuquerque Public Schools School District have an average math proficiency score of 52% (versus the New Mexico public school average of 25%), and reading proficiency score of 75% (versus the 58% statewide average),” according to Public School Review.