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in
|
SPONSOR |
Pinto |
DATE TYPED |
|
HB |
|
||
|
SHORT
TITLE |
Mexican Springs Business Facility Study |
SB |
508 |
||||
|
|
ANALYST |
Weber |
|||||
APPROPRIATION
|
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
||
|
FY04 |
FY05 |
FY04 |
FY05 |
||
|
|
$80.0 |
|
|
Recurring |
General
Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Parenthesis
( ) Indicate Expenditure Decreases)
LFC Files
Responses
Received From
Department
of Indian Affairs
SUMMARY
Synopsis of Bill
Senate Bill 508 appropriates $80 thousand from
the general fund to The Department of Indian Affairs for the purpose of a
feasibility study for a business facility in the Mexican Springs Chapter in the
Navajo nation.
Significant Issues
The
Department of Indian Affairs reports.
According to a report by the Navajo Nation economic
development department, Mexican Springs Chapter has a total population of 781
persons. There are four employers in the
chapter area that employ 46 persons. The
unemployment rate for the Mexican Springs Chapter is 80% while the Navajo
Nation’s overall unemployment rate is 43%.
The purpose of the business facility feasibility study is to look into
how more employment opportunities may be provided to residents of the Mexican
Springs Chapter.
FISCAL IMPLICATIONS
The appropriation of $80.0 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.
MW/lg