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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:

01/21/02

 

HB

 

 

SHORT TITLE:

Continue Re: Learning Program

 

SB

120

 

 

ANALYST:

Baca

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

 

 

 

$1,500.0

 

 

Recurring

General Fund

 (Parenthesis ( ) Indicate Expenditure Decreases)

 

SOURCES OF INFORMATION

 

New Mexico Department of Public Education (NMSDE)

New Mexico Commission on Higher Education (NMCHE)

 

SUMMARY

 

     Synopsis of Bill

 

Senate Bill 120 appropriates $1,500.0 from the general fund to Eastern New Mexico University (ENMU) for the purpose of continuing the Re: Learning Program. FY2002.

 

     Significant Issues

 

According to NMCHE, funding for this program is historically appropriated to NMSDE.  NMSDE then enters a Joint Powers Agreement with ENMU for administration of the program.

 

FISCAL IMPLICATIONS

 

The appropriation of  $1,500.0 contained in this bill is a recurring expense to the general fund.  Any unexpended or unencumbered balance remaining at the end of FY2003 shall revert to the general fund.

 

ADMINISTRATIVE IMPLICATIONS

 

The Re: Learning Program would be administered by ENMU rather than NMSDE.

 

 

OTHER SUBSTANTIVE ISSUES

 

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

 

The project was not included in ENMU’s budget request to the board of regents and was thus submitted to NMCHE for review.

 

LB/njw


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