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).

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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 SFC

ORIGINAL DATE

LAST UPDATED

2/16/07

3/13/07 HB

SHORT TITLE State Agency Expenditures

SB 611/SFCS/aHAFC

ANALYST Fernandez

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY07

FY08

44,200.0

Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

Relates to appropriations in the General Appropriation Act

SOURCES OF INFORMATION

LFC Files

SUMMARY

Synopsis of HAFC Amendment

The House Appropriation and Finance Committee amendment increases general fund

appropriations by $29,206.0 to various state agencies for various purposes for expenditure in

fiscal year 2008.

Synopsis of Original Bill

Senate Finance Committee Substitute for Senate Bill 611 appropriates $14,994.0 from the

general fund to various state agencies for various purposes for expenditure in fiscal year 2008.

FISCAL IMPLICATIONS

The appropriation of $14,994.0 contained in this bill is a recurring expense to the general fund.

Any unexpended or unencumbered balance remaining at the end of fiscal year 2008 shall revert

to the general fund unless otherwise indicated.

COMPANIONSHIP

Senate Finance Committee Substitute for Senate Bill 611 is a companion to House

appropriations and Finance Committee Substitute for House Bill 2 et al.

CTF/mt