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





SPONSOR: Ruiz DATE TYPED: 02/15/01 HB HJM36
SHORT TITLE: Interstate 40-Coors Blvd. Interchange Project SB
ANALYST: Valdes


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY01 FY02 FY01 FY02
See significant issues below.



(Parenthesis ( ) Indicate Expenditure Decreases)



SOURCES OF INFORMATION



State Highway and Transportation Department



SUMMARY



Synopsis of Bill



House Joint Memorial 36 requests that the State Highway Commission and the State Highway and Transportation Department expedite the construction of the Interstate 40-Coors Boulevard interchange improvement project.



Significant Issues



Funding for construction of this intersection ($11 million) was removed from the Statewide Transportation Improvement Program due to the need to assemble funding for the reconstruction of the Big I interchange.



Funding for project design remains in the program. Final funding requirements will be determined by the design process and are likely to be much higher than $11 million which had previously been programmed.



The I-40-Coors Interchange improvement project is still a priority and will be rescheduled when funding is available.



FISCAL IMPLICATIONS



Funding is currently unavailable for this project within the department budget.



MV/ar/njw