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 Rodriguez
DATE TYPED 2/16/05
HB
SHORT TITLE Cultural Affairs Performing Arts Center
SB 533
ANALYST Hadwiger
APPROPRIATION
(in $000s)
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
$50.0
Recurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Cultural Affairs Department (DCA)
SUMMARY
Synopsis of Bill
Senate Bill 533 appropriates $50,000 from the general fund to the Cultural Affairs Department
for operational support of a performing arts center in Santa Fe.
FISCAL IMPLICATIONS
The appropriation of $50,000 contained in this bill is a recurring expense to the general fund.
Any unexpended or unencumbered balance remaining at the end of FY06 shall revert to the gen-
eral fund.
DCA noted that the passage of SB533 would require a request for proposals (RFP) process to be
conducted by the department pursuant to the state procurement process. This would require staff
to develop an RFP, review and select eligible applicants and to process arts services contracts for
the funded organizations. Perhaps a portion of the $50.0 could be used for associated adminis-
trative costs, in particular the “hard” costs such as advertising which is required under the state
procurement code.
DH/lg