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.



Only the most recent FIR version, excluding attachments, is available on the Intranet. Previously issued FIRs and attachments may be obtained from the LFC office in Suite 101 of the State Capitol Building North.





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





SPONSOR: Taylor, JG DATE TYPED: 2-25-01 HB 910
SHORT TITLE: Continue Rio Grande Educational Collaborative SB
ANALYST: Segura


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
 Recurring

or Non-Rec

 Fund

Affected

FY01 FY02 FY01 FY02
$ 250.0 Rec GF



(Parenthesis ( ) Indicate Expenditure Decreases)





SOURCES OF INFORMATION



State Department of Education (SDE)

LFC Files



SUMMARY



Synopsis of Bill



House Bill 910 appropriates $250.0 to SDE to continue the Rio Grande educational collaborative program to support Rio Grande high school cluster children with mentorship and student leadership in collaboration with the University of New Mexico.



Significant Issues



The Rio Grande Education Collaborative (RGEC) is a not-for-profit organization created to address educational needs of low-income students in Albuquerque's South Valley.



FISCAL IMPLICATIONS



House Bill 910 appropriates $250.0 from the general fund and is recurring.



CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP



Senate Bill 647, Senate Bill 604



RS/njw