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F I S C A L I M P A C T R E P O R T
SPONSOR Rawson
ORIGINAL DATE
LAST UPDATED
1-23-06
HB
SHORT TITLE NMSU Apache Point Observatory
SB 5
ANALYST Dearing
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$75.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates HB 177
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
New Mexico State University (NMSU)
SUMMARY
Synopsis of Bill
Senate Bill 5 appropriates $75,000 to the New Mexico State University Board of Regents for the
purpose of supporting the Apache Point Observatory outreach program in fiscal year 2007. Any
unexpended or unencumbered balance remaining at the end of 2006-2007 Fiscal Year shall re-
vert to the General Fund.
FISCAL IMPLICATIONS
The appropriation of $75,000 contained in this bill is a recurring expense to the general fund.
Any unexpended or unencumbered balance remaining at the end of fiscal year 2007 shall revert
to the general fund.