N.M. Stat. § 22-8-23.7
Elementary physical education program units.
A. The number of elementary physical education program units is determined by
multiplying the number of students in elementary physical education by the cost
differential factor of six one-hundredths.
B. As used in this section, "elementary physical education" means eligible physical
education programs that serve students in kindergarten through grade six in a public
school classified by the department as an elementary school.