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

Moore

DATE TYPED

01/26/04

HB

12

 

SHORT TITLE

Mesalands Dinosaur Museum Programs

SB

 

 

 

ANALYST

Baca

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY04

FY05

FY04

FY05

 

$113.0

 

 

Recurring

General Fund

 

 

 

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

 

Relates to Appropriation to the Commission on Higher Education in the General Appropriation Act

 

 

SOURCES OF INFORMATION

 

LFC Files

Commission on Higher Education (CHE) Funding Recommendations for FY05

 

SUMMARY

 

Synopsis of Bill

 

House Bill 12 appropriates $113,000 from the general fund to the Commission on Higher Education to support, market and expand programs for science and learning at the Mesalands Community College.

 

Significant Issues

 

The Board of Regents of Mesalands Community College submitted a program change request of $113,000 for this activity to the CHE.  However, the CHE did not recommend funding for the program.

 

FISCAL IMPLICATIONS

 

The appropriation of $113.0 contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of FY05 shall revert to the general fund.

 

AMENDMENTS

 

The following language is suggested for all new recurring higher education programs and expansion of current programs (assuming that funding will continue beyond FY05):

 

“The institution receiving the appropriation in this bill shall submit a program evaluation to the Legislative Finance Committee and the Commission on Higher Education by August 2007 detailing the benefits to the State of New Mexico from having implemented this program over a three period.”

 

POSSIBLE QUESTIONS

 

1.               It is known why the CHE did not recommend this program?

2.               Does the CHE have the ability to implement the provisions of this bill without the appropriation?

 

LB/prr