Master FIR (1988)

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

SPONSOR:	Fidel		DATE TYPED:	01/23/00		HB
SHORT TITLE:		Various Capital Projects				SB	5
					ANALYST:		Kehoe

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY00	FY01	FY00	FY01	Recurring or Non-Rec	Fund Affected
$ 20,500.0				Non-Rec	STB
$ 128.0				Non-Rec	MTF
$ 500.0				Non-Rec	GF

(Parenthesis ( ) Indicate Expenditure Decreases)

Duplicates/Relates to HB26, HB27

SOURCES OF INFORMATION

General Services Division (GSD)

Commission on Higher Education (CHE)

SUMMARY

Synopsis of Bill

Senate Bill 5 appropriates $20,500.0 in severance tax bond proceeds for various projects; authorizes expenditures totaling $128.0 from the Miner's Trust Fund; appropriates $500.0 from the general fund; and changes the purpose of a 1998 appropriation to the Office of Cultural Affairs.

Significant Issues

The severance tax bond proceeds are appropriated as follows:

$10,000.0 to GSD for digital radio technology conversion.
$500.0 to Department of Environment for the Wastewater Facility Construction Loan Fund for the purpose of carrying out the Wastewater Facility Construction Loan Act.
$10,000.0 to CHE

$3,000.0 for deferred maintenance and renovations at higher education institutions statewide;

$2,000.0 for ADA at higher education institutions and special schools statewide;

$5,000.0 for information technology at higher education institutions and special schools statewide.
$128.0 from the Miner's Trust Fund for special equipment.
$500.0 from the general fund to the Education Technology Fund.
Changes the purpose of a 1998 appropriation to the Office of Cultural Affairs for re-roofing the Clyde Tombaugh Space Theater and Planetarium in Alamogordo to upgrading and making other improvements at the center.

The bill contains an emergency clause.

FISCAL IMPLICATIONS

Reduces severance tax bond capacity by $20,500.0; the Miner's Trust fund by $128.0; and the general fund by $500.0.

ADMINISTRATIVE IMPLICATIONS

The administrative oversight of the projects would be part of the anticipated workload by the agencies responsible for the projects.

CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP

HB 26 (general obligation bonds) and HB 27 (severance tax bonds) are similar to SB 5.

TECHNICAL ISSUES

The appropriation to the Capital Program Fund, administered by the Property Control Division, should be to the Information Systems Division (ISD), since ISD controls the state's radio system.

LMK/gm:prr