Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports if they are used for other purposes.

 

Current FIRs (in HTML & Adobe PDF formats) are available on the NM Legislative Website (legis.state.nm.us).  Adobe PDF versions include all attachments, whereas HTML versions may not.  Previously issued FIRs and attachments may also be obtained from the LFC in Suite 101 of the State Capitol Building North.

 

 

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

 

SPONSOR

HENRC

DATE TYPED

2/17/04

HB

612/HENRCS

 

SHORT TITLE

Public, Peace, Health, Safety & Welfare

SB

 

 

 

ANALYST

Maloy

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY04

FY05

FY04

FY05

 

$3,000.0

 

See Narrative

Recurring

General Fund

 

 

 

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

 

SOURCES OF INFORMATION

 

LFC Files

 

 

SUMMARY

 

Synopsis of Bill

 

The bill appropriates $3 million from the general fund to the interstate stream commission for expenditure in FY05 and 06 as non-federal matching funds for the Middle Rio Grande Endangered Species Act Collaborative Program to plan, design and construct silvery minor habitats, and to conserve water to prevent the extinction of the minnow from Velarde to Elephant Butte Reservoir.

 

Unexpended or unencumbered funds at the end of FY06 shall revert to the general fund.

 

Significant Issues

 

The responsibilities of the Interstate Stream Commission / Office of the State Engineer are considerable, including backlogged adjudications and applications, costly litigation that has been on-going for decades, managing the current drought conditions, developing and implementing regional water plans and a statewide water plan, developing means to comply with the state’s interstate delivery requirements, and developing new water resources and conservation initiatives.  There is concern regarding how much money has been directed to the Office for years, and the slow progress made toward these objectives.  As such, this project and its revenue may be better directed to an entity such as New Mexico Institute of Mining and Technology.

 

 

This appropriation has the potential of becoming another non-recurring, special appropriation that supports recurring functions. For the past several years, nearly one-third of the Interstate Stream Commission /Office of the State Engineer has been funded through non-recurring, special appropriations. Preservation of the minnow and water conservation are surely projects that will result in on-going work.  The goal of the LFC in preparing a budget for the Interstate Stream Commission / Office of the State Engineer was finding recurring revenue sources to support the recurring operations of the Office.     

 

SJM/dm