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

SPONSOR:	Rodriguez		DATE TYPED:	02/05/02		HB
SHORT TITLE:		Santa Fe Junior Wrestling Team				SB	361
					ANALYST:		Sandoval

APPROPRIATION

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

$25.0

Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC files

Responses Received

State Department of Education (SDE)

No Response

Department of Finance and Administration (DFA)

SUMMARY

Synopsis of Bill

Senate Bill 361 appropriates $25.0 from the general fund to the Local Government Division of the Department of Finance and Administration for the purpose of funding expenses for the Santa Fe junior wrestling team.

Significant Issues

The Santa Fe junior wrestling team is not an affiliate of the Santa Fe Public Schools.

FISCAL IMPLICATIONS

The appropriation of $25.0 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).

POSSIBLE QUESTIONS

1. Why is this allocation need?

2. What costs will a $25.0 allocation go to pay for?