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: Robinson DATE TYPED: 02/18/01 HB
SHORT TITLE: Office of Archaeological Studies SB 710
ANALYST: Moran


APPROPRIATION

Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY01 FY02 FY01 FY02
$ 150.5 Recurring General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)



SOURCES OF INFORMATION



Office of Cultural Affairs

LFC Files



SUMMARY



Synopsis of Bill



Senate Bill 710 appropriates $150,490 from the general fund to the Office of Cultural Affairs for the purpose of paying the operational expenses of the Office of Archaeological Studies of the Museum of New Mexico division.



Significant Issues



The standard funding stream for the Office of Archaeological Studies (OAS) comes from an appropriation by the state road fund. As a part of the Museum of New Mexico, the OAS is frequently called upon for public education and preservation programs that cannot be supported by the current appropriations from the road fund, which limits OAS activities to highway projects. This appropriation would allow the OAS to become involved with broad public programs.



FISCAL IMPLICATIONS

The appropriation of $ 150.5 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.



RJM/sb/njw