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 Altamirano
ORIGINAL DATE
LAST UPDATED
1/23/07
HB
SHORT TITLE
Making an Appropriation for Youth Mentoring in
Unserved and Underserved Counties
SB 129
ANALYST Propst
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$2,000.0
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
Senate Bill 129 makes an Appropriation for Youth Mentoring Programs in Unserved and
Underserved Counties.
SB 129 appropriates $2,000.0 in General Fund to the Local Government Division of The
Department of Finance and Administration for the purpose of expanding youth mentoring
programs to unserved and underserved counties in the state.
FISCAL IMPLICATIONS
The appropriation of $2,000,000 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
The Local Government Division of DFA has identified the non-profit organization, Big Brothers
Big Sisters of New Mexico, as a likely candidate for receiving the appropriation. However, the