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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: 02/12/01 HB
SHORT TITLE: NMSU Hispanic Leadership Program SB 461
ANALYST: Gilbert


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY01 FY02 FY01 FY02
$ 15.0 Recurring General Fund



(Parenthesis ( ) Indicate Expenditure Decreases)



SOURCES OF INFORMATION



LFC Files

CHE Files - Special Funding Requests Submitted by NMSU



SUMMARY



Synopsis of Bill



Senate Bill 461 appropriates $15.0 to New Mexico State University (NMSU) to support NMSU's Hispanic Leadership Program.



Significant Issues



This appropriation is to provide operational support for the NMSU Hispanic Leadership Program.



FISCAL IMPLICATIONS



The appropriation of $15.0 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.



OTHER SUBSTANTIVE ISSUES



The following is provided for information only. It is not intended as a commentary on the merits of the program/project.



A request for this appropriation was not included in NMSU's budget request to the NMSU Board of Regents, it was not approved by the NMSU Board of Regents, and it was not submitted by NMSU to the Commission on Higher Education (CHE) for review. The CHE did not recommend this appropriation.



LG/njw:ar