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F I S C A L   I M P A C T   R E P O R T

 

 

 

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

 

SOURCES OF INFORMATION

 

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

 

SN/ar

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