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 for other purposes.

 

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

 

 

 

SPONSOR:

Ingle

 

DATE TYPED:

02/25/03

 

HB

 

 

SHORT TITLE:

Extend University Blvd to Mesa Del Sol

 

SB

838

 

 

ANALYST:

Gilbert

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY03

FY04

FY03

FY04

 

 

 

$800.0

 

 

Recurring

Other State Funds

(Parenthesis ( ) Indicate Expenditure Decreases)

 

Duplicates HB 958

 

SOURCES OF INFORMATION

 

LFC Files

 

SUMMARY

 

     Synopsis of Bill

 

Senate Bill 838 appropriates $800.0 for extending University Boulevard to Mesa del Sol.

 

FISCAL IMPLICATIONS

 

Senate Bill 838 appropriates $800.0 from the state lands maintenance fund to the Local Government Division of the Department of Finance and Administration for expenditure in fiscal years 2004 and 2005, for the purpose of extending University Boulevard, located in Bernalillo county, to Mesa del Sol.

 

Any unexpended or unencumbered balance remaining at the end of fiscal year 2005 shall revert to the state lands maintenance fund.

 

RLG/prr