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 Vigil
DATE TYPED 3/2/05
HB 925
SHORT TITLE Limit Fine Arts Education Cost Differential
SB
ANALYST Chabot
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
($6,000.0)
Recurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to Appropriation in the General Appropriation Act
SOURCES OF INFORMATION
LFC Files
SUMMARY
Synopsis of Bill
House Bill 925 amends Section 22-8-23.5 NMSA 1978 (Fine Arts Education Program Units) to
delete the increase to 0.05 in fiscal year 2006. The factor would remain at the current 0.0332 for
succeeding fiscal years.
Significant Issues
The increase in the factor results in up to $9.2 million being distributed for elementary fine arts
education from the State Equalization Guarantee (SEG) appropriation. Maintaining the current
factor would reduce the total program units resulting in a slightly higher unit value.
PERFORMANCE IMPLICATIONS
While not a performance measure, experts have documented that a well-rounded education, in-
cluding fine arts, results in better student outcomes.
FISCAL IMPLICATIONS
House Bill 2 has $6 million for increases in elementary fine arts. Passage of this bill would
eliminate the requirement for the increase. However, the amount is part of the SEG total appro-