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
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Previously issued FIRs and attachments may also be obtained from the LFC
in
SPONSOR |
Nava |
DATE TYPED |
|
HB |
|
||
SHORT
TITLE |
Early Childhood Program and Teacher Support |
SB |
396 |
||||
|
ANALYST |
Maloy |
|||||
APPROPRIATION
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
||
FY04 |
FY05 |
FY04 |
FY05 |
||
|
$500.0 |
|
See Narrative |
Recurring |
General
Fund |
(Parenthesis
( ) Indicate Expenditure Decreases)
Duplicates HB 405.
LFC Files
Responses
Received From
Children,
Youth and Families Department
SUMMARY
Synopsis of Bill
Senate Bill 396
appropriates $500.0 thousand from the General Fund to the Children, Youth and
Families Department for FY05. The
purpose of the appropriation is to support early childhood teachers and early
childhood programs to ensure children are ready for school when they enter
kindergarten.
Significant Issues
Fiscal Implications
The bill appropriates $580 thousand I general fund to the Children, Youth
and Families Department for FY05. The
need for funding is recurring. Any
unexpended or unencumbered balance remaining at the end of FY05 shall revert to
the General Fund.
ADMINISTRATIVE IMPLICATIONS
This bill and the
appropriation of $500 thousand would compliment existing Children, Youth and
Families initiatives and budget resources.
SJM/yr:njw