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
02/11/2006
HB
SHORT TITLE
Unexpended Funds For Certain Highway Projects SJM 66
ANALYST Moser
SOURCES OF INFORMATION
LFC Files
Responses Received From
NM Department of Transportation (NMDOT)
SUMMARY
Synopsis of SJM 66
Senate Joint Memorial 66 requests the New Mexico Department of Transportation to use in
FY07 unexpended funds for certain highway projects.
FISCAL IMPLICATIONS
The bill establishes that the DOT apply any unexpended funds in fiscal year 2007 to the outlined
highway projects but does not address costs associated with design, development and construc-
tion.
SIGNIFICANT ISSUES
Senate Joint Memorial 66 proposes that unexpended funds from the state road fund and from
federal transportation funds in fiscal year 2007 be applied to the following road projects in listed
order of priority:
1.
One hundred million dollars ($100,000,000) for rehabilitation, reconstruction and widen-
ing of US 491 in San Juan and McKinley counties
2.
Six million dollars ($6,000,000) for road improvements to Navajo route 55 in Cibola and
Socorro counties
3.
Nine million dollars ($9,000,000) for rehabilitation to Navajo route 36 in San Juan
county
4.
Three hundred thousand dollars ($300,000) for pavement reconstruction to Navajo route
545 in San Juan county
5.
One million seven hundred fifty thousand dollars ($1,750,000) to complete renovation of
the Tse Bonito ridge road bridge in McKinley County
NMDOT indicates that it is unlikely that unexpended funds will be available in any event that
would afford the opportunity to apply to these projects
pg_0002
Senate Joint Memorial Bill 66 – Page 2
PERFORMANCE IMPLICATIONS
The NMDOT indicates that the first listed project on US 491 is currently funded as part of Gov-
ernor Richardson’s Investment Partnership (GRIP) in the total amount of $125,344,000 which is
made up of GRIP funds ($101,750,000) and STIP funds ($23,594,000). This would add an addi-
tional 2 lanes making the US 491 a 4 lane highway. However, it would not provide for the reha-
bilitation or reconstruction of the existing two lanes.
NMDOT further points out that the remaining four listed projects are off the state highway sys-
tem. As such, no current data exists with regards to an actual defined scope of work, project ter-
mini, current status or engineering estimates. Consequently, an evaluation as to the costs or
timelines associated with developing these projects is not possible at this time.
GM/mt