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F I S C A L I M P A C T R E P O R T
SPONSOR A. Maestas
ORIGINAL DATE
LAST UPDATED
2/6/07
HB 885
SHORT TITLE New Mexico Youth Day Holiday
SB
ANALYST Propst
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$100.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Department of Finance and Administration (DFA)
Children, Youth and Families Department (CYFD)
Public Education Department (PED)
SUMMARY
Synopsis of Bill
House Bill 885 appropriates $100.0 from the General Fund to the Local Government Division of
the Department of Finance and Administration for expenditure in FY07 for the New Mexico
Youth Day holiday to be held in Los Vecinos Community Center in Tijeras. HB 885 declares an
emergency.
FISCAL IMPLICATIONS
The appropriation of $100.0 contained in this bill is a recurring expense to the General Fund.
Any unexpended or unencumbered balance remaining at the end of FY07 shall revert to the
General Fund.
SIGNIFICANT ISSUES
HB 885 provides $100.0 to help finance costs associated with the New Mexico Youth Day
holiday to be held on Saturday, 4 August 2007 at the Los Vecinos Community Center in Tijeras.