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F I S C A L I M P A C T R E P O R T
SPONSOR Maestas
ORIGINAL DATE
LAST UPDATED
1/31/07
HB 734
SHORT TITLE Bernalillo Workforce Development Program
SB
ANALYST Propst
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$250.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Department of Finance and Administration (DFA)
SUMMARY
Synopsis of Bill
House Bill 734 appropriates $250.0 in General Fund to DFA to provide a workforce
development program for young adults in Bernalillo County.
FISCAL IMPLICATIONS
The appropriation of $250.0 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
Workforce Development received $50.0 in FY06 to purchase equipment for a four-county
workforce training program to provide comprehensive youth services, include drop out
prevention guidance and counseling, practical work experience, summer employment,
occupation, skills training, and alternative schooling.