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F I S C A L I M P A C T R E P O R T
SPONSOR Vigil
ORIGINAL DATE
LAST UPDATED
1/31/07
HB 704
SHORT TITLE Parent Participation at Athletic Events in Las Vegas SB
ANALYST Propst
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$75.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Public Education Department (PED)
SUMMARY
Synopsis of Bill
House Bill 704 appropriates $75.0 from the General Fund to the Local Government Division of
the Department of Finance and Administration to pay for parent admission to athletic events in
west Las Vegas and Las Vegas schools.
FISCAL IMPLICATIONS
The appropriation of $75.0 contained in this bill is a recurring expense to the General Fund. Any
unexpended or unencumbered balance remaining at the end of FY08 shall revert to the General
Fund.
SIGNIFICANT ISSUES
The Public Education Department made the following comments about the bill:
.
The bill substitutes state monies for private monies.
.
The bill may violate the anti-donation clause of the New Mexico Constitution.