NM Land Grant Permanent Fund

Dedicated Funding Streams & Financing

  • Revenue

New Mexico

In 2021, the New Mexico Legislature passed a joint resolution to allow voters to determine, via a constitutional amendment, whether the state should increase annual distributions from its multibillion-dollar Land Grant Permanent Fund and spend a portion of the new funding on early childhood care and education services. The amendment passed with 70% voter approval.

The annual allocation for early education and care in the state is approximately $150 million. This dedicated funding stream builds on a decade of advocacy; New Mexico Voices for Children initially proposed the Land Grant fund in 2011 and tried every year thereafter to pass the legislation.

Connections to Key Early Learning Study at Harvard (ELS@H) Findings:

Stable, robust funding is essential to expanding and improving early education. Unlike K-12 education, early education has historically been supported through a fragmented – and largely insufficient – set of federal, state, and local funds. Research suggests there is a need for more accessible, affordable, and high-quality approach to early education across the mixed-delivery system – and for better financial and professional supports for the educators who serve children and families each day; creating dedicated funding streams can therefore help states and cities address these needs and achieve these goals.

Findings from the Early Learning Study at Harvard (ELS@H) show:

  • Families rely on a range of formal (e.g., Head Start, center-based care, public pre-K) and more informal (e.g., home-based, relative care) early education settings; when choosing a setting for their child, families balance many logistical constraints and personal preferences.
  • But for many families – and especially low- and middle-income families – early education choices remain tightly constrained due to issues of affordability and supply.
  • No one early education setting type is inherently of higher quality than another; children develop and learn well in every setting type, and in the study, all setting types showed room to grow in quality.
  • Early educators play a critical role in supporting the well-being of young children and families across setting types.
  • Yet their pay, benefits, and other professional supports are often inadequate in light of the job demands and their cost of living.

 

Learn More about ELS@H Findings

Learn more about New Mexico

Context matters. Visit the New Mexico profile page to learn more about its demographics, political landscape, early education programs, early education workforce, and funding sources and streams.

Visit the New Mexico Profile Here
  • The state population is 2,113,344
  • The number of children age 0-4 is 115,008
  • The rural percentage is 25.5%