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| SPONSOR: | Garcia | DATE TYPED: | 01/25/01 | HB | |||
| SHORT TITLE: | NMHU Advanced Placement Program | SB | 15 | ||||
| ANALYST: | Gilbert | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY01 | FY02 | FY01 | FY02 | ||
| $ 400.0 | Recurring | GF | |||
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
SUMMARY
Synopsis of Bill
Senate Bill 15 appropriates $400.0 to New Mexico Highlands University (NMHU) for expenditure in FY02 to continue and expand public high school student and teacher participation in the New Mexico Advanced Placement Program
Significant Issues
In the final CHE higher education funding recommendations report, the CHE recommended funding NMHU's Advanced Placement program at $370.3. All New Mexico higher education institutions were asked to provide to the CHE with an overall priority listing of all new and expansion research and public service project requests. The CHE did not recommend approval of the $400.0 appropriation in this bill.
FISCAL IMPLICATIONS
The appropriation of $400.0 contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of FY02 shall revert to the general fund.
LG/ar