[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:

Jennings

 

DATE TYPED:

01/29/02

 

HB

 

 

SHORT TITLE:

ENMU Airframe Program

 

SB

270

 

 

ANALYST:

Baca

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

 

 

 

$150.0

 

 

Recurring

General Fund

 

(Parenthesis) Indicate Expenditure Decreases)

 

Duplicates/Relates to Appropriation in The General Appropriation Act  Appropriation to ENMU  

 

SOURCES OF INFORMATION

 

Commission on Higher Education  (CHE)

LFC Files

 

SUMMARY

 

     Synopsis of Bill

 

Senate Bill 270 appropriates $150.0 from the general fund to the Board of Regents of Eastern New Mexico (ENMU) to support and promote the airframe program in ENMU in Roswell.

 

     Significant Issues

 

The CHE reports that “The aviation maintenance technology expansion project ($150,000) was included in the Legislative Request of the Regents of Eastern New Mexico University and reviewed by the Commission on Higher Education.  Aviation Maintenance Technology is an on-going program of the Roswell campus, and General Fund support for the program is included in the Instruction & General component of the formula ($421,790 for FY 2001-02).  The Commission does not consider expansion of Instruction & General programs as a component of the Special Projects funding, to which this request was directed."       

 

FISCAL IMPLICATIONS

 

The appropriation of $150.0 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.

 

OTHER SUBSTANTIVE ISSUES

 

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

 

The program was included in the budget request submitted to the CHE.  However, it was not recommended for fund by CHE.  The matter is briefly addressed in ”Significant Issues” section.

 

LB/ar

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