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

SPONSOR:	Tripp		DATE TYPED:	02/06/02		HB	HJM 58
SHORT TITLE:		NM Coalition for Literacy’s 15^th Anniversary				SB
					ANALYST:		Segura

APPROPRIATION

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

State Department of Education (SDE)

SUMMARY

Synopsis of Bill

House Joint Memorial 58 recognizes the importance of the work of the New Mexico Coalition for Literacy in helping to eradiate adult illiteracy in New Mexico for the past 15 years.

Significant Issues

The memorial indicates that over the past 15 years:

- Approximately 45,000 adult students have been served by volunteer literacy programs statewide;

- 18,000 volunteer tutors have received training from the New Mexico Coalition for Literacy;

- Volunteers have provided approximately 1,200,000 hours of instruction;

- The value of these services equates to $1,230.0 per year at current costs to New Mexico taxpayers of only $400.0 per year.

FISCAL IMPLICATIONS

No Fiscal Impact

RS/ar