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





SPONSOR: Cisneros DATE TYPED: 02/04/00 HB
SHORT TITLE: Support Mora County Government SB 360
ANALYST: Gonzales


APPROPRIATION

(in thousands)



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
$ 240.0 Recurring GF

(Parenthesis ( ) Indicate Expenditure Decreases)



Duplicates/Conflicts with/Companion to/Relates to



SOURCES OF INFORMATION



Department of Finance and Administration (DFA)



SUMMARY



Synopsis of Bill



Senate Bill 360 appropriates $240.0 in general fund for expenditure in FY00 and FY01 for the following purposes:



Significant Issues



This bill contains an emergency clause.



The appropriation contained in this bill will help Mora county maintain the 3/12ths general fund cash balance reserve required by the Local Government Division, DFA, and help maintain an adequate cash flow not only within the general fund but within the road fund and corrections fund.



The State Motor Vehicle office in Mora county has recently been closed.



FISCAL IMPLICATIONS



This bill makes a $240.0 general fund appropriation to the Local Government Division, DFA, including $40.0 to the Mora county clerk, for expenditure in FY00 and FY01 for the purposes indicated above. Unexpended or unencumbered balances remaining at the end of FY01 revert to the general fund.



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