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 Pinto
ORIGINAL DATE
LAST UPDATED
01/31/2006
HB
SHORT TITLE Mckinley County I-40 Flood Mitigation
SJM
38
ANALYST Moser
ESTIMATED ADDITIONAL OPERATING BUDGET IMPACT (dollars in thousands)
FY06
FY07
FY08 3 Year
Total Cost
Recurring
or Non-Rec
Fund
Affected
Total
$100.0
Non-
recurring State Road
Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Department of Transportation(DOT)
SUMMARY
Synopsis of Bill
Senate Joint Memorial 38 requests that the New Mexico Department of Transportation
(NMDOT) perform a drainage and access study at Interstate 40 in the east Hasler Valley Corri-
dor in McKinley County.
FISCAL IMPLICATIONS
This bill does not commit nor appropriate any funding and therefore the DOT would have to per-
form the study internally or dedicate approximately $100,000 for the study. No additional fund-
ing or estimates would be available until the findings of the study and no funds have been identi-
fied for future costs.
SIGNIFICANT ISSUES
The NMDOT indicates that The major issues pertaining to the bill are the following:
•
This bill requires that the DOT perform a study and provide results to McKinley County and
the Indian Affairs Committee by September 1, 2006.