Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance

committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports

if they are used for other purposes.

Current FIRs (in HTML & Adobe PDF formats) are a vailable on the NM Legislative Website (legis.state.nm.us).

Adobe PDF versions include all attachments, whereas HTML versions may not. Previously issued FIRs and

attachments may be obtained from the LFC in Suite 101 of the State Capitol Building North.

F I S C A L I M P A C T R E P O R T

SPONSOR Gutierrez

ORIGINAL DATE

LAST UPDATED

1-18-2007

HB 477

SHORT TITLE Statewide Historic Building Restoration

SB

ANALYST Dearing

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY07

FY08

$60.0

Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

Duplicates SB71

SOURCES OF INFORMATION

LFC Files

Responses Received From

Cultural Affairs Department (CAD)

SUMMARY

Synopsis of Bill

House Bill 477 appropriates $60 thousand from the general fund to the Historic Preservation di-

vision of the Cultural Affairs department for the purpose of conducting statewide research, as-

sessment and selection of one of one hundred historic public structures to be revitalized for the

State‘s 2012 centennial celebration.

FISCAL IMPLICATIONS

The appropriation of $60 thousand contained in this bill is a recurring expense to the General

Fund. Any unexpended or unencumbered balance remaining at the end of FY08 shall revert to

the General Fund.

*House Bill 477 includes a provision for selection of one of 100 historical structures for revitali-

zation in conjunction with centennial celebration. This stated revitalization would be an inferred

additional, currently unknown capital cost associated with passage of this legislation.

House Bill 477 – Page

2

SIGNIFICANT ISSUES

The 100

th

anniversary of New Mexico’s Statehood will occur in 2012. The Historic Preserva-

tion division retains staff that can guide the research, assessment and selection of public build-

ings eligible for restoration. Examples of public structures listed on the State Register of Cul-

tural Properties include courthouses, schools, parks, and municipal office and public works

buildings.

PERFORMANCE IMPLICATIONS

If enacted, the LFC recommends that the Cultural Affairs department submit a plan for program

evaluation with specific program goals and criteria for assessing the program effectiveness and

suggested outputs, outcomes and performance measures to evaluate the performance of state

government programs as prescribed in the Accountability in Government Act.

ADMINISTRATIVE IMPLICATIONS

The Historic Preservation division would oversee expenditure of the appropriation contained in

this bill. The division has requested an unknown percentage of the appropriation for administra-

tion.

OTHER SUBSTANTIVE ISSUES

The assessment and selection of historically significant public structures for restoration will re-

quire collaborative partnerships with local governments, school districts, higher education insti-

tutions, and other entities around the state.

WHAT WILL BE THE CONSEQUENCES OF NOT ENACTING THIS BILL

If House Bill 477 is not enacted, the selection and assessment of historical buildings statewide

would require other funding sources in order to be carried out.

POSSIBLE QUESTIONS

Would entirety of assessment workload be performed by Historic Preservation division staff or

be partially or fully contracted.

PD/nt