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	Garcia		DATE TYPED	1/31/04		HB	284
SHORT TITLE		Albuquerque South Valley Multipurpose Center				SB
					ANALYST		Chabot

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY04	FY05	FY04	FY05
	$60.0			Recurring	General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Response Received From

State Agency on Aging (SAOA)

SUMMARY

Synopsis of Bill

House Bill 284 appropriates $60 thousand from the general fund to SAOA for the purpose of operating the South Valley Multipurpose Family Services Center in Bernalillo County.

Significant Issues

SAOA states the South Valley Multipurpose Center will serve as an adult daycare and senior meal site. The facility is being renovated through a capital projects appropriation. The center will provide educational, social, recreational, and cultural enrichment for the community. The facility will also include childcare, Head Start, adult education, a studio workshop, charter school, traditional Hispano cultural programs, mini-gymnasium, therapeutic pool and outdoor recreation.

FISCAL IMPLICATIONS

The appropriation of $60 thousand contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2005 shall revert to the general fund.

The services would be contracted through the City of Albuquerque Area Agency on Aging.

POSSIBLE QUESTIONS

1. What is the current source of funds for operating the center?
2. What additional services will be provided as a result of the appropriation?

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