[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.

 

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

 

 

 

SPONSOR:

Picraux

 

DATE TYPED:

01/02/02

 

HB

196

 

SHORT TITLE:

UNM Health Sciences Center

 

SB

 

 

 

ANALYST:

Fernandez

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

 

 

 

$2,543.1

 

 

Recurring

General Fund

 

 

 

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

Duplicates/Relates to Appropriation in The General Appropriation Act                                         

 

SOURCES OF INFORMATION

 

Commission on Higher Education (CHE)

 

SUMMARY

 

     Synopsis of Bill

 

House Bill 196 appropriates $2,543.1from the general fund to the University of New Mexico to provide for operational costs at the Health Sciences Center (HSC) and Carrie Tingley Hospital.

 

     Significant Issues

 

HSC requested additional funding for operational expenditures as follows:

 

            $626.7             Utilities

            $350.4             Information technology support

            $223.1             Compliance with regulatory agencies

            $842.9             HSC group insurance expenses

 

         $2,043.1             Total

 

The remaining $500.0 is for Carrie Tingley Hospital

 

 

           

FISCAL IMPLICATIONS

 

The appropriation of $2,543.1 contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2003 shall revert to the general fund.

 

Currently, HSC is using indirect cost recovery revenue and is taxing the non Instruction and General (I&G) revenues of the clinical operations and the School of Medicine to cover these types of expenditures.

 

RELATIONSHIP

 

Relates to SB052.

 

OTHER SUBSTANTIVE ISSUES

 

This program was included in UNM’s budget request to the UNM Board of Regents.  The CHE did not recommend funding for operational expenses for health sciences.  However, CHE did recommend $500.0 in funding from the Tobacco Settlement Program fund for Carrie Tingley Hospital.

 

CTF/njw

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