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 T. Garcia

ORIGINAL DATE

LAST UPDATED

2/18/07

HB 1049

SHORT TITLE Mora County Grant Writing Assistance

SB

ANALYST Propst

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY07

FY08

$40.0

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 1049 appropriates $40.0 to provide Mora County grant writing assistance.

FISCAL IMPLICATIONS

The appropriation of $40.0 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

DFA reports that Mora County wants to hire a part or full time employee to research other

funding sources to improve its financial condition. This employee would also help research other

funding sources for the Mora Schools and the health care clinic.

This appropriation would pay for salary and benefits for one regular employee. Currently Mora

County has implemented a 32 hour work week for all employees.

WEP/csd