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F I S C A L I M P A C T R E P O R T
SPONSOR Campos
DATE TYPED 01/27/05 HB
SHORT TITLE White Peak Area Land Purchase
SB 24
ANALYST Aguilar
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
$15,000.0
Nonrecurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
REVENUE
Estimated Revenue
Subsequent
Years Impact
Recurring
or Non-Rec
Fund
Affected
FY05
FY06
NFI
Indeterminate Recurring State Lands Main-
tenance Fund
NFI
Indeterminate Recurring Land Grant Perma-
nent Fund
(Parenthesis ( ) Indicate Revenue Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Commissioner of Public Lands (SLO)
Department of Game & Fish (DGF)
Energy, Minerals and Natural Resources Department (EMNRD)
SUMMARY
Synopsis of Bill
Senate Bill 24 appropriates $15 million from the General Fund to the State Land Office for ex-
penditure in FY06 and FY07 for the purchase of the Stanley Ranch in the White Peak area in
Mora and Colfax counties, contingent on a purchase agreement between the State Land Office
and the owner of the land. Any unencumbered balance would revert to the General Fund at the
end of FY07.