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|
SPONSOR: |
Lopez |
DATE TYPED: |
02/11/03 |
HB |
|
||
|
SHORT TITLE: |
Work Force Skills Development Fund |
SB |
221 |
||||
|
|
ANALYST: |
Williams |
|||||
APPROPRIATION
|
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
||
|
FY03 |
FY04 |
FY03 |
FY04 |
|
|
|
|
$300.0 |
|
|
Recurring |
General
Fund |
(Parenthesis
( ) Indicate Expenditure Decreases)
REVENUE
|
Estimated Revenue |
Subsequent Years Impact |
Recurring or
Non-Rec |
Fund Affected |
|
|
FY03 |
FY04 |
|
|
|
|
|
$300.0 |
|
Recurring |
Work
Force Skills Development |
(Parenthesis ( ) Indicate Revenue Decreases)
Duplicates SB 221
Relates to SB 14 using alternative funding
mechanism
HB 394/SB 368:
LFC-endorsed legislation
LFC Files
Commission on Higher Education (CHE)
Economic Development Department
SUMMARY
Synopsis
of Bill
Senate Bill 221
appropriates $300.0 from the general fund to the work force skills development
fund for the purpose of broad-based, entry-level high skills training programs
at the state’s community colleges.
Community colleges would provide an equal funding match from non-state
sources. Funding awards would be
allocated by a panel of education, business and labor experts to be appointed by
the CHE and would be based on criteria developed by the CHE.
Significant
Issues
CHE notes the NMACC presented a statewide
request to support the community college high skill training start-up fund in
2002, and this proposal was one of two research and public service expansion
items submitted by the NMACC. While recognizing
the value of the proposal, the CHE did not recommend this project due to
funding limitations.
FISCAL IMPLICATIONS
The appropriation of
$300.0 contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining
at the end of each fiscal year shall not revert to any other fund.
OTHER SUBSTANTIVE ISSUES
According to CHE, this
funding would support an incentive program directly linking education, training
and economic development for rural and urban areas along with regional and
statewide needs. In addition, this
program would complement the state’s in-plant training program as well as the
federal Workforce Investment Act’s voucher system.
Under the provisions
of the Accountability in Government Act, two-year institutions report performance
associated with an outcome measure addressing percent of graduates who were
placed in jobs in New Mexico based on unemployment insurance wage data. In addition to performance measures required
by AGA, two-year institutions provide data relevant to five major areas of a
community college mission, including responding to the ongoing training needs
of the state’s work force.
CHE notes the mechanism
authorized in this bill is consistent with the Blue Ribbon Task Force on Higher
Education-recommended Base Plus Incentives funding approach.
1. To what extent are matching funds available?
AW/sb