N.M. Admin. Code § 10.10.2.11 - DISTRIBUTION OF FORMULA FUNDS
Variable pass-through: A minimum of 49.29% must be passed through to local units of government (as defined in 10.10.2.8 NMAC). States may exceed the minimum pass-through by providing funds not used at the state level to local units of government. State funds are available for the evaluation component only.
Notes
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