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F I S C A L I M P A C T R E P O R T
SPONSOR Griego
DATE TYPED 2/23/05
HB
SHORT TITLE Santa Fe Performing Arts Program
SB 692
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)
Public Education Department (PED)
SUMMARY
Synopsis of Bill
Senate Bill 692 appropriates $50,000 from the general fund to the Department of Finance and
Administration (DFA) for a Santa Fe County performing arts program serving over 5,000 north-
ern New Mexico children on an annual basis.
Significant Issues
This program could support and enhance performing arts programs for youths in Santa Fe
County by expanding access and opportunities.
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 would revert to the
general fund.