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	Heaton		DATE TYPED	2-6-04		HB	71
SHORT TITLE		Southeast NM Educational Resource Center				SB
					ANALYST		Segura

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY04	FY05	FY04	FY05
	$365.0			Recurring	General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Responses Received From

New Mexico Public Education Department (PED)

SUMMARY

Synopsis of Bill

House Bill 71 appropriates $365.0 for an educational resource center serving the southeastern region of New Mexico to support middle schools that implement career-technical education programs based on a model developed by the Career Dreams Educational Foundation.

Significant Issues

The Career Dreams Educational Foundation is a California-based organization that provides training and development programs in staff development, team building and long-term organizational change by helping teachers and students discover their natural talents, passions, creativity and career dreams.

FISCAL IMPLICATIONS

House Bill 71 appropriates $365.0 from the general fund.

ADMINISTRATIVE IMPLICATIONS

According to PED, the department would be required to follow state procurement regulations and monitor their use.

OTHER SUBSTANTIVE ISSUES

The program is currently active in middle schools in Lovington, Roswell and Carlsbad school districts.

RS/dm