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F I S C A L I M P A C T R E P O R T
SPONSOR Taylor
ORIGINAL DATE
LAST UPDATED
2/13/07
HB
SHORT TITLE New Mexico Youth Day Holiday
SB 961
ANALYST Propst
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$100.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Department of Finance and Administration
Children, Youth and Families Department
Public Education Department
SUMMARY
Synopsis of Bill
Senate Bill 961 appropriates $100.0 from the General Fund to the Local Government Division of
the Department of Finance and Administration for expenditure in FY07 for the New Mexico
Youth Day holiday to be held in Los Vecinos Community Center in Tijeras. SB 961 declares an
emergency.
FISCAL IMPLICATIONS
The appropriation of $100.0 contained in this bill is a recurring expense to the General Fund.
Any unexpended or unencumbered balance remaining at the end of FY07 shall revert to the
General Fund.
SIGNIFICANT ISSUES
SB 961 provides $100.0 to help finance costs associated with the New Mexico Youth Day
holiday to be held on Saturday, August 4, 2007 at the Los Vecinos Community Center in Tijeras.