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F I S C A L I M P A C T R E P O R T
SPONSOR Miera
ORIGINAL DATE
LAST UPDATED
2-26-2007
HB 1261
SHORT TITLE Bernalillo Cultural and Arts Programs
SB
ANALYST Dearing
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
Cultural Affairs Department (CAD)
SUMMARY
Synopsis of Bill
House Bill 1261 appropriates $40 thousand from the general fund for expenditure in FY08 to
Cultural Affairs department for cultural and arts programs in Bernalillo county.
FISCAL IMPLICATIONS
The appropriation of $40 thousand contained in House Bill 1261 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
It is the Cultural Affairs department’s understanding that House Bill 1261 refers to arts programs
to be developed by “516 ARTS", a new non-profit, museum-style gallery located in
Albuquerque. According to materials sent to the department by 516 ARTS, the monies in this
appropriation would provided free services for children and adults, such as arts education
programs for schools, as well as onsite arts activities to include poetry, music and film. The new