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





SPONSOR: Taylor, J.G. DATE TYPED: 02/04/00 HB 192/aHBIC
SHORT TITLE: Study Southwest Quadrant of Bernalillo County SB
ANALYST: Woodlee


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
$ 75.0 Non-Recurring General Fund



(Parenthesis ( ) Indicate Expenditure Decreases)



Duplicates Senate Bill 190



SOURCES OF INFORMATION



Agency analysis not provided.



SUMMARY



Synopsis of Amendment



The amendment clarifies the region of study to be unincorporated southwest quadrant of Bernalillo county. In addition, the appropriation is changed from the Economic Development Department to the Local Government Division of the Department of Finance and Administration.



Synopsis of Bill



House Bill 192 appropriates funds to conduct a comprehensive demographic and statistical study of the southwest quadrant of Bernalillo County for the purpose of assessing the economic and social viability for the southwest quadrant supporting commercial industries

FISCAL IMPLICATIONS



The bill appropriates $75.0 from the general fund to the Economic Development Department for expenditure in fiscal year 2001. Any unexpended or unencumbered balance remaining at the end of fiscal year 2001 shall revert to the general fund. This is a non-recurring appropriation.





ADMINISTRATIVE IMPLICATIONS



The Economic Development Department may not have the existing staff or resources capable of conducting an extensive and comprehensive study of this nature. A professional services contract may be required to complete the study.



MW/sb