[1]NOTE:
As provided in LFC policy, this report is intended only 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 (in HTML & Adobe PDF formats) is available on the Legislative
Website. The Adobe PDF version includes
all attachments, whereas the HTML version does not. Previously issued FIRs and attachments may be obtained from the
LFC’s office in Suite 101 of the State Capitol Building North.
SPONSOR: |
HGUAC |
DATE TYPED: |
02/08/02 |
HB |
108/HGUACS |
||
SHORT TITLE: |
Small Counties Assistance Qualifications |
SB |
|
||||
|
ANALYST: |
Neel |
|||||
REVENUE
Estimated Revenue |
Subsequent Years
Impact |
Recurring or Non-Rec |
Fund Affected |
|
FY02 |
FY03 |
|
|
|
|
$1700.0 |
|
Recurring |
Small Counties |
|
($1,700.00) |
|
Recurring |
General Fund |
(Parenthesis ( ) Indicate Revenue Decreases)
Duplicates
SB150/SPAC
Municipal League
SUMMARY
Synopsis
of HGUACS
The House Government
and Urban Affairs Committee Substitute for House Bill 108 phases in an
increased distribution from the small counties assistance fund.
FISCAL IMPLICATIONS
Excess balances in the
small counties assistance fund revert to the general fund. The phase in is calculated to exhaust total
balances in the fund for the foreseeable future. The effect on particular
counties is noted in the table below.
|
|
|
|
Actual 2001 |
Distribution $ for |
Distribution $ |
County |
Pop 2000 |
Class |
Valuation 2001 |
Distribution $ |
2002 & 2003 |
2004 |
Bernalillo |
556,678 |
A |
$9,000,268,429 |
|
|
|
Catron |
3,543 |
C |
$65,338,880 |
200,000 |
250,000 |
300,000 |
Chaves |
61,382 |
B |
$634,085,409 |
|
|
|
Cibola |
25,595 |
B |
$181,565,314 |
100,000 |
200,000 |
250,000 |
|
|
|
|
Actual 2001 |
Distribution $ for |
Distribution $ |
County |
Pop 2000 |
Class |
Valuation 2001 |
Distribution $ |
2002 & 2003 |
2004 |
De Baca |
2,240 |
1ST |
$33,090,638 |
200,000 |
250,000 |
300,000 |
Dona Ana |
174,682 |
A |
$1,884,276,775 |
|
|
|
Eddy |
51,658 |
B |
$1,703,172,149 |
|
|
|
Grant |
31,002 |
B |
$512,598,318 |
|
50,000 |
50,000 |
Guadalupe |
4,680 |
B |
$84,520,891 |
200,000 |
250,000 |
300,000 |
Harding |
810 |
1ST |
$24,747,536 |
200,000 |
250,000 |
300,000 |
Hidalgo |
5,932 |
B |
$82,116,179 |
100,000 |
250,000 |
300,000 |
Lea |
55,511 |
B |
$1,678,246,146 |
|
|
|
Lincoln |
19,411 |
B |
$530,137,383 |
|
50,000 |
50,000 |
Los Alamos |
18,343 |
H |
$472,322,439 |
|
|
|
Luna |
25,016 |
B |
$257,484,551 |
|
150,000 |
200,000 |
McKinley |
74,798 |
B |
$566,125,216 |
|
|
|
Mora |
5,180 |
C |
$62,896,870 |
200,000 |
250,000 |
300,000 |
Otero |
62,298 |
B |
$572,989,089 |
|
|
|
Quay |
10,155 |
B |
$109,398,352 |
100,000 |
200,000 |
250,000 |
Rio Arriba |
41,190 |
B |
$1,235,133,343 |
|
|
|
Roosevelt |
18,018 |
B |
$198,367,109 |
100,000 |
200,000 |
250,000 |
Sandoval |
89,908 |
B |
$1,339,263,313 |
|
|
|
San Juan |
113,801 |
A |
$3,013,958,367 |
|
|
|
San Miguel |
30,126 |
B |
$335,607,229 |
100,000 |
100,000 |
150,000 |
Santa Fe |
129,292 |
A |
$3,616,542,019 |
|
|
|
Sierra |
13,270 |
B |
$182,113,573 |
|
200,000 |
250,000 |
Socorro |
18,078 |
B |
$120,114,287 |
100,000 |
200,000 |
250,000 |
Taos |
29,979 |
B |
$569,086,491 |
|
50,000 |
50,000 |
Torrance |
16,911 |
B |
$210,415,423 |
|
150,000 |
200,000 |
Union |
4,174 |
B |
$104,099,029 |
100,000 |
200,000 |
250,000 |
Valencia |
66,152 |
B |
$687,198,610 |
|
|
|
|
|
|
|
|
|
|
|
1,819,046 |
|
30,690,935,572 |
1,700,000 |
3,400,000 |
4,200,000 |
[1]Begin typing on the * in replace mode. Do not add or delete spaces.