2019 Legislative Session

Early ed funding measure splits school advocates
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For just a moment, it looked like Stan Rounds was the loneliest guy in the room. The executive director of the New Mexico Coalition of Educational Leaders stood up during a committee hearing to tell educators, lawmakers and early childhood education proponents that he is against a proposal to pull money from the state’s multibillion-dollar Land Grant Permanent Fund to expand prekindergarten initiatives. That’s because, he argued, that state trust land endowment is designed to support K-12 public education programs — and any other draw from the fund, now valued at about $17.5 billion, could hurt schools down the line. Rounds was one of only two people in that legislative hearing to voice opposition to House Joint Resolution 1. The other was a business representative from Albuquerque.