A. The "public education reform fund" is created as a nonreverting fund in the state treasury and consists of appropriations; unspecified gifts, grants and donations to the fund; and income from investment of the fund. B. Subject to legislative appropriation, money in the fund is appropriated to the department for the purposes of implementing and evaluating public education reforms and initiatives. C. The department of finance and administration, the legislative finance committee and the legislative education study committee shall approve instructions for accountability and evaluation plans and shall send the instructions on or before May 1 to the department. The notification shall set forth the process for completing and submitting accountability and evaluation plans and shall direct the department to: (1) identify the goals, objectives and expected outputs and outcomes of the program receiving an appropriation from the public education reform fund; (2) describe the specific activities of the program, including expected roles and responsibilities of all participating entities, and how those activities and entities will achieve expected program outcomes; (3) provide a summary of whether the program is evidence-based, research- based, promising or does not yet have rigorous research pursuant to Section 6-3A-3 NMSA 1978 on its effectiveness; (4) provide a list of performance measures and a monitoring plan to regularly assess program performance; (5) provide a program evaluation plan to assess the causal impact of the program on expected outcomes whenever possible or, when not possible to assess causal impact, provide a rationale for the proposed evaluation design; and (6) provide a description of methods, including planned statistical analysis, the agency or entity responsible for performing the evaluation and the time line for releasing performance and program evaluation results to the department of finance and administration, the legislative finance committee, the legislative education study committee and the public. D. The department shall submit an accountability and evaluation plan for each program receiving an appropriation from the public education reform fund to the department of finance and administration, the legislative finance committee and the legislative education study committee on or before July 1 of the year the appropriation is made and, if the department of finance and administration, the legislative finance committee and the legislative education study committee require, a revised plan on or before September 1 of the same year. E. On or before September 1 of the final year of an appropriation for a program or project, the department, the department of finance and administration, the legislative finance committee and the legislative education study committee shall consider the evaluation performed on the program or project and make recommendations regarding recurring funding for the following fiscal year. History: Laws 2019, ch. 206, § 19; 2019, ch. 207, § 19; 2025, ch. 72, § 2.
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