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F I S C A L I M P A C T R E P O R T

SPONSOR Crook

ORIGINAL DATE

LAST UPDATED

3/05/2007

HM 67

SHORT TITLE US Hwy 70 Speed Limit Outside of Elida

SB

ANALYST Moser

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY07

FY08

NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Responses Received From

NM Department of Transportation (NMDOT)

SUMMARY

Synopsis of Memorial

House Memorial 67 requests the NMDOT to conduct a study to determine if the speed limit on

U.S. Highway 70 outside the town of Elida is appropriate.

FISCAL IMPLICATIONS

Fiscal implications to the NMDOT would be restricted to the time required for personnel to

conduct a speed limit survey and the costs to change speed limit signs if the study determines a

new speed limit. These costs would be minimal.

SIGNIFICANT ISSUES

NMDOT indicates that it normally conducts speed limit studies when conditions change due to

increased congestion or a project is completed to improve the roadway. Speed limit studies are

also conducted when they are requested by the public and NMDOT indicates that one has not

been completed in that area for some time.

GM/mt