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F I S C A L I M P A C T R E P O R T

SPONSOR Silva

ORIGINAL DATE

LAST UPDATED

2-4-06

HB 803

SHORT TITLE ALAMOSA NEIGHBORHOOD JOB TRAINING SB

ANALYST Hadwiger

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY06

FY07

$100.0

Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Responses Received From

No responses were received at the time this FIR was prepared.

SUMMARY

Synopsis of Bill

House Bill 803 appropriates $100 thousand from the general fund to the Local Government Divi-

sion (LGD) of the Department of Finance and Administration (DFA) in FY07 to provide job

training in the Alamosa neighborhood of Albuquerque.

FISCAL IMPLICATIONS

The appropriation of $100 thousand contained in this bill is a recurring expense to the general

fund. Any unexpended or unencumbered balance remaining at the end of FY07 would revert to

the general fund.

ADMINISTRATIVE IMPLICATIONS

DFA/LGD can administer these funds with existing staff.

DH/mt