Para Nuestra Communidad – For Our Community


PERMANENT SCHOOL FUND

When New Mexico became a state, the Permanent School Fund (aka Land Grant Permanent Fund) was created. Several states have a similar fund, which takes revenue raised on 13 million acres of
New Mexico state land and invests the money to create more resources for the state to pay for funding government programs. In the case of New Mexico – the Permanent School Fund predominantly supports Kindergarten – 12th grade education and is valued at nearly $26 billion dollars

What New Mexico need’s to know about the Permanent School Fund:

  • The Permanent School Fund (also known as the Land Grant Permanent Fund) was created when New Mexico became a state in 1912.
  • It is a trust fund, but it differs from most trust funds because it has two sources of income:
    • It receives money from oil, gas, and mineral production on 13 million acres of state lands.
    • It also earns income on the investment of that money in the stock exchange.
  • It grows, on average, about 11% per year.
  • The state constitution requires that 5% of the fund be withdrawn every year to support public education, hospitals, and other beneficiaries. 
  • Only the voters have the power to change what percentage of the fund is withdrawn every year.
  • In the last fiscal year, the fund provided $836.5 million to its beneficiaries, about 80% of which went to our K-12 schools.
  • New Mexico’s Permanent School Fund is currently valued at nearly $26 billion. 
    • For comparison, the state budget is usually between $7 billion and $8 billion each year.

About the Permanent School Fund ballot question:

The Permanent School Fund ballot question will appear on the back of your November 8th General Election ballot. This question will ask voters whether or not New Mexico should approve about
$150 million of new funding to provide free childcare and early education programs for tens of thousands of New Mexico families. It would also create a new funding source of roughly $100 million
for new teachers and programs to address discrepancies in educational outcomes for at-risk students within our public schools. This additional funding will come from oil and gas revenues and interest on the fund’s investments. It does not raise taxes on New Mexicans.

What could the ballot question funding pay for?

  • Hiring more teachers and addressing the teacher shortage.
  • Creating career technical education and job training programs in our high schools.
  • Improving retainment efforts and benefits for teachers so they stay in the profession.
  • Supplying classroom technology and other classroom necessities.
  • Raising teacher salaries in New Mexico.
  • Expanding mental health services for students and educators.
  • Enabling districts to hire more student support staff, including counselors, social workers, psychologists, and nurses.
  • Enhancing investments to help students at risk of failure.
  • Taking action on school building maintenance and repair, including new ventilation systems.
  • Investing in early education services like early childhood education for all families that want it.
  • Hiring more daycare workers to keep up with demand.
  • Building an affordable and accessible childcare system.
  • Extending the school year for additional instruction in communities that want it
  • Making early education services like home visits available.
  • Reducing class sizes

When New Mexico became a state, the Permanent School Fund (aka Land Grant Permanent Fund) was created. Several states have a similar fund, which takes revenue raised on 13 million acres of
New Mexico state land and invests the money to create more resources for the state to pay for funding government programs. In the case of New Mexico – the Permanent School Fund predominantly supports Kindergarten – 12th grade education and is valued at nearly $26 billion dollars.


RENTAL ASSISTANCE CLINICS

With the ongoing effects of COVID-19, the state of NM is still offering rental assistance. The rental assistance clinics will be held by the New Mexico Dream Team to assist anyone who needs assistance completing the application. The NM Dream Team will only assist you in filling out the application so you can get the assistance you require. You don’t have to be a citizen, a SSN or ITIN numbers are not required to apply.

The first rental assistance clinic will be September 14, 2022 from 4-8PM at Ernie Pyle MS, 1820 Valdora SW, Albuquerque, NM 87105.

DOCUMENTS IN ORDER TO APPLY? Documentation showing the applicant’s household is under the Program Income Limits. You can use letters, screenshots, etc

  • The applicant is renting a residential dwelling. 
  • Copy of the lease 
  • Utility bills (only for the one needed) 
  • That the applicant lives in NM. 
  • 1 NM ID (not expired) 
  • That the applicant has been indirectly or directly impacted by COVID-19 and proof of income.
  • Unemployment
  • Tax returns
  • At least one household member is at risk of homelessness or housing instability.
  • Eviction notice (if evicted)

**Dates for future rental assistance clinics will be posted on or social media. For more information please email itzayana@nmdreamteam.org


PROTECT YOURSELF & OTHERS/ PROTEGETE A TI Y A LOS DEMAS

“My family and I have been vaccinated! I will tell you why, if we get vaccinated we will be saving ourselves. Saving our family, saving our neighbor. Saving our community. If we want to get out of this pandemic, we must get vaccinated! Because together we can achieve it!”- Eréndira Navarro. For more information visit https://cvvaccine.nmhealth.org/

“¡Mi familia y yo hemos sido vacunados!  Les diré por qué, si nos vacunamos nos estaremos salvando a nosotros mismos. Salvando a nuestra familia, salvando a nuestro vecino. Salvando a nuestra comunidad. Si queremos salir de esta pandemia, debemos vacunarnos ¡Porque juntos podemos lograrlo!”- Eréndira Navarro. Para más información, visite https://cvvaccine.nmhealth.org/