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 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	Sanchez		DATE TYPED	2-18-04		HB
SHORT TITLE		Mid Rio Grande Character Counts Program				SB	83
					ANALYST		Segura

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY04	FY05	FY04	FY05
	$100.0			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

Senate Bill 83 appropriates $100.0 to PED for the Mid Rio Grande Valley Character Counts Program in the Moriarty, Grants, Belen, Los Lunas, Albuquerque, Rio Rancho, Bernalillo and Santa Fe school districts and in Torrance, Cibola, Valencia, Bernalillo, Sandoval and Santa Fe counties.

FISCAL IMPLICATIONS

The bill appropriates $100.0 from the general fund and is recurring.

ADMINISTRATIVE IMPLICATIONS

PED would monitor the program.

RS/dm