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.

(Parenthesis ( ) Indicate Expenditure Decreases)

Duplicates House Bill 321

SOURCES OF INFORMATION

LFC Files

Commission on Higher Education (CHE)

SUMMARY

Synopsis of Bill

Senate Bill 389 appropriates $440.0 from the general fund to the Board of Regents of the University of New Mexico (UNM) for the purpose of funding a manufacturing training and technology center cleanroom.

Significant Issues

The appropriation in this bill represents an incremental funding expansion of the manufacturing engineering special project for the manufacturing training and technology center cleanroom. This program will support approximately 100 students in an attempt to address the statewide demand to fill high-tech manufacturing jobs.

This project was the third highest priority for all research and public service projects that were submitted by the University of New Mexico Board of Regents to the Commission on Higher Education (CHE) for consideration.

After evaluating this program expansion request, the CHE recommended funding for this program at $200.0.

PERFORMANCE IMPLICATIONS

The UNM Manufacturing Engineering is scheduled for evaluation using the CHE's evaluation process in FY02. The evaluation process was developed in conjunction with DFA and LFC to be responsive to the Accountability in Government Act.

FISCAL IMPLICATIONS

The appropriation of $440.0 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.

AMENDMENTS

The CHE suggests the following language for all new recurring higher education programs and expansion of current programs (assuming that funding will continue beyond 2001-2002):