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 a vailable 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 Varela
DATE TYPED 1/28/05
HB 96
SHORT TITLE Santa Fe Small Business Development Center
SB
ANALYST Woods
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
$3,000.0
Recurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates SB79
Relates to the appropriation for the Commission for Higher Education in the General Appropria-
tions Act.
SOURCES OF INFORMATION
LFC Files
Responses Received From
New Mexico Commission on Higher Education (CHE)
New Mexico Economic Development Department (EDD)
SUMMARY
Synopsis of Bill
House Bill 96 – Making an Appropriation for the New Mexico Small Business Development
Center at Santa Fe Community College – appropriates $3,000,000 from the general fund to the
Commission on Higher Education for expenditure in fiscal year 2006 to fund the statewide New
Mexico Small Business Development Center at Santa Fe Community College in order to en-
hance existing core services and implement additional program services by:
•
assisting small businesses in international trade;
•
implementing formal business retention and expansion projects in local regions served;
•
supporting business incubation efforts in regions served by community colleges and local
small business development center offices;
pg_0002
House Bill 96 -- Page 2
•
providing services and support for quality management training to small businesses and
expand outreach to underserved communities.
Any unexpended or unencumbered balance remaining at the end of FY06 shall revert to the gen-
eral fund.
Significant Issues
The Small Business Development Center (SBDC) is designed for business owners and aspiring
entrepreneurs looking for low-cost information to help them make effective decisions. The center
offers four types of services: training, advising, research and technical support. The training
component involves courses, workshops and seminars. The advising component provides free,
one-on-one, confidential business advice and access to partner organizations. The research com-
ponent includes a library of government publications, statistics and how-to literature. The techni-
cal component includes self-paced learning programs in computerized accounting, inventory
control and information processing.
All services are open to the public.
PERFORMANCE IMPLICATIONS
Santa Fe Community College (SFCC) has hosted the Lead Center of the New Mexico Small
Business Development Center network since 1988. SFCC provides physical space and fiscal
support services to the Lead Center, which directs and manages New Mexico’s 18 Small Busi-
ness Development Centers located in:
•
Albuquerque TVI Community College (South Valley and Eagle Rock Avenue centers)
•
Clovis Community College
•
Eastern New Mexico University, Roswell
•
Luna Community College, Las Vegas
•
Mesalands Community College, Tucumcari
•
New Mexico Junior College, Hobbs
•
New Mexico State University, Alamogordo
•
New Mexico State University, Carlsbad
•
New Mexico State University, Dona Ana: Las Cruces
•
New Mexico State University, Grants
•
Northern New Mexico Community College, Espanola
•
San Juan College, Farmington
•
Santa Fe Community College
•
University of New Mexico, Gallup
•
University of New Mexico, Los Alamos
•
University of New Mexico, Valencia: Los Lunas
•
Western New Mexico University, Silver City
FISCAL IMPLICATIONS
The appropriation of $3 million contained in this bill is a recurring expense to the general fund
and unexpended or unencumbered balance remaining at the end of FY06 shall revert to the gen-
eral fund.
pg_0003
House Bill 96 -- Page 3
CHE indicates this program was not recommended for expansion in FY06.
CONFLICT, DUPLICATION, COMPANIONSHIP, RELATIONSHIP
Duplicates SB79
Relates to the appropriation for the Commission for Higher Education in the General Appropria-
tions Act.
BFW/yr:lg