NOTE: As provided in LFC policy, this report is intended for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.

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(Parenthesis ( ) Indicate Expenditure Decreases)

Duplicates/Conflicts with/Companion to/Relates to SB2, SB405, CS HB2/HAFC

SOURCES OF INFORMATION

LFC Files

State Department of Public Education (SDE) did not provide a response

SUMMARY

Synopsis of Bill

Senate Bill 347 appropriates $125.0 to SDE to support educational programs at the Rio Grande school cluster in the South Valley of Albuquerque.

Significant Issues

This bill appropriates funds to support educational programs for schools outside of the state equalization guarantee.

The following are the schools in the Rio Grande Cluster: Adobe Acres Elementary; Armijo Elementary; Atrisco Elementary; Barcelona Elementary; Kit Carson Elementary; Los Padillas Elementary; Mountain View Elementary; Navajo Elementary; Pajarito Elementary; Valle Vista Elementary; Harrison Middle; Polk Middle; Ernie Pyle Middle; and Rio Grande High School.

FISCAL IMPLICATIONS

Senate Bill 347 appropriates $125.0 to SDE 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.

ADMINISTRATIVE IMPLICATIONS

SDE would allocate and monitor the funding.

CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP

This bill relates to SB2, SB405 and CS HB2/HAFC which contain general fund appropriations for operating costs of all 89 public school districts.

CTF/sb