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F I S C A L I M P A C T R E P O R T
SPONSOR Powdrell-Culbert
ORIGINAL DATE
LAST UPDATED
2/12/2007
HB 435
SHORT TITLE Rio Rancho Cyber Academy Courses
SB
ANALYST Aguilar
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$500.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates SB-352
Relates to HB-201, SB-209, HB-3
Relates to appropriations in the General Appropriation Act
SOURCES OF INFORMATION
LFC Files
Responses Received From
Public Education Department (PED)
SUMMARY
Synopsis of Bill
House Bill 435 appropriates $500 thousand from the general fund to the Public Education
Department for the purpose of expanding synchronous course offerings at the Rio Rancho cyber
academy in the Rio Rancho public schools.
FISCAL IMPLICATIONS
The appropriation of $500 thousand contained in this bill is a recurring expense to the general
fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2008 shall
revert to the general fund.
The LFC remains concerned with funding initiatives outside of the funding formula as it tends to
disequalize school funding and diverts funding away from core educational needs.