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	Madalena		DATE TYPED	2/4/04		HB	425
SHORT TITLE		Fulfill Coordinated Planning Goals				SB
					ANALYST		Johnson

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY04	FY05	FY04	FY05	Recurring or Non-Rec	Fund Affected
	140.0			Recurring	GF

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

No Response Received From

Department of Finance and Administration

Office of the Governor

SUMMARY

Synopsis of Bill

House Bill 425 appropriates $140,000 from the general fund to the local government division of the department of finance and administration to allow Sandoval county to continue fulfilling the governor’s stated goals of coordinated planning to reduce the duplication of state services and resources.

FISCAL IMPLICATIONS

The appropriation of $140.0 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.

POSSIBLE QUESTIONS

What exactly are the governor’s goals of coordinated planning?

The bill allows Sandoval county “to continue fulfilling” the goals. What specifically has been accomplished so far and what specifically will be accomplished with this appropriation?

Why is Sandoval county the only county involved?

CJJ/lg