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:	Nava		DATE TYPED:	02/03/00		HB
SHORT TITLE:		Education Appropriation Act				SB	405
					ANALYST:		Fernandez

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY00	FY01	FY00	FY01	Recurring or Non-Rec	Fund Affected
	$ 1,633,800.8			Recurring	G/F
	$ 8,064.0			Recurring	OSF
	$ 2,652.1			Recurring	IS/IA
	$ 276,381.2			Recurring	F/F

(Parenthesis ( ) Indicate Expenditure Decreases)

Duplicates SB2, Section 4, Public School Support, Relates to CS HB2/HAFC

SOURCES OF INFORMATION

LFC Files

SUMMARY

Synopsis of Bill

Senate Bill 405 appropriates funds for the operation of public schools, State Department of Education (SDE), Adult Basic Education (ABE), Apprenticeship Assistance, and Regional Education Cooperatives.

Significant Issues

The Legislative Finance Committee recommendations are contained in Senate Bill 405.

FISCAL IMPLICATIONS

The general fund fiscal impact for public education are: public school support $1,618,319.1; SDE $8,381.7; Adult Basic Education $4,700.0; Apprenticeship Assistance $500.0; $3,201.8 and $1,900.0 for other education.

The other state funds portion of the budget is $2,000.0 for the state equalization guarantee distribution (drivers' safety program), $447.2 in cash balance and $415.0 in other revenues generated from educator license fees for the State Department of Education,$2,000.0 in cash balance from the Instructional Material Fund and $3,201.8 for Regional Education Cooperatives.

The internal service funds/interagency transfers are included in the SDE budget for the following: $2,482.5 for funds received from Human Services Department (HSD) to provide before- and after-school programs to children who are participants of the New Mexico Works Act; $67.5 from HSD for the Medicaid in the schools program and $102.1 for fees earned by the print shop, reimbursements from Division of Vocational Rehabilitation for internal audit services and funds received from the Statewide Coordinating Council.

The federal funds section is for information purposes and includes estimates for FY2001 for the following programs: $7,008.7 for SDE, $7,721.6 for Regional Education Cooperatives, $3,697.8 for Adult Basic Education and $257,953.1 in flow thru funds for school districts.

OTHER SUBSTANTIVE ISSUES

Public school funds are primarily allocated to 89 school districts through four funding formulas: State Equalization Guarantee Distribution: Transportation; Instructional Materials; and Education Technology.

DUPLICATION

This bill duplicates SB2, Section 4, Public School Support and portions of other education. This bill also contains similar appropriations in House Appropriations and Finance Committee Substitute for HB2 et. al.

CTF/njw