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

Trujillo

DATE TYPED

2-17-04

HB

HJM 33/aHEC

 

SHORT TITLE

Charter School Study

 

 

 

 

ANALYST

Segura

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY04

FY05

FY04

FY05

 

 

 

NFI

 

 

 

 

 

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

 

SOURCES OF INFORMATION

LFC Files

 

Response Received From

New Mexico Public Education Department (PED)

 

SUMMARY

    

     Synopsis of HEC Amendment

 

The House Education Committee amendment is technical in nature and does not change the original intent of the bill.

 

The amendment adds “on individual school districts and’ and “schools” on line 9, page 3.

The study would address the impact of individual charter schools upon individual school districts.

 

Synopsis of Original Bill

 

House Joint Memorial 33 requests that the Legislative Education Study Committee (LESC) study charter schools and present its recommendations to the first session of the 47th legislature, including:

 

The fiscal and programmatic impact of the establishment of charter schools on the state as a whole; and

 

 

 

 

 

The number and enrollment size of charter schools that should be established in individual school districts, so that school districts may continue to serve students in a fiscally and prudent number.

           

Significant Issues

 

The 1999 Charter  School Act enabled the development of charter schools in the state. The study would address the impact of individual charter schools upon individual school districts.

 

 

 

RS/lg:dm