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 Ortiz y Pino
DATE TYPED 2/20/05
HB
SHORT TITLE Albuquerque Tricentennial Flamenco Dancing
SB 1001
ANALYST Hadwiger
APPROPRIATION
(in $000s)
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
25.0
Non-recurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
SUMMARY
Synopsis of Bill
Senate Bill 1001 appropriates $25,000 from the general fund to the Cultural Affairs Department
(DCA) in FY06 to contract for a flamenco dance performance for the tricentennial celebration of
the City of Albuquerque.
Significant Issues
The City of Albuquerque was founded on April 23, 1706. The City is currently planning a
Tricentennial Celebration that will be a thirteen-month gala event starting in early April 2005
ending in April 2006. The Albuquerque Tricentennial Committee is planning a diverse calendar
of events over this time, including parades, festivals, concerts, re-enactments, lecture series, art
exhibits, educational activities, sporting events and more. The Tricentennial Committee will be
highlighting the rich cultural diversity. The City of Albuquerque hopes to instill a renewed cul-
ture in the State's multicultural society and inspire an appreciation of New Mexico's history. The
funding in this bill will help highlight one aspect of the many cultures that comprise the city of
Albuquerque.
The event will appeal to visitors from other states and from abroad, with positive impacts on the
state’s tourism industry.
pg_0002
Senate Bill 1001 -- Page 2
FISCAL IMPLICATIONS
The appropriation of $25,000 contained in this bill is a non-recurring expense to the general
fund. Any unexpended or unencumbered balance remaining at the end of FY06 would revert to
the general fund.
CONFLICT, DUPLICATION, COMPANIONSHIP, RELATIONSHIP
SB1001 relates to HB895 which would appropriate $1.5 million to DCA for education about and
promotion and operation of Albuquerque’s Tricentennial celebration.
TECHNICAL ISSUES
If multiple legislators wish to appropriate funds for the Tricentennial, it might be useful to ap-
propriate the funds to one agency. SB1001 would appropriate to the Cultural Affairs Department
for this purpose; HB895 would appropriate to DFA.
POSSIBLE QUESTIONS
DH/lg