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

SPONSOR Barela

ORIGINAL DATE

LAST UPDATED

1/21/2008

HB 122

SHORT TITLE

Valencia County Railroad Overpass

SB

ANALYST Moser

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY08

FY09

$3.0

Non-Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Responses Received From

NM Department of Transportation (NMDOT)

SUMMARY

Synopsis of Bill

House Bill 122 appropriates $3,000,000 from the general find to the NM Department of

Transportation (NMDOT) for expenditure in fiscal years 2009 and 2010 for the acquisition of

rights of way, planning, design and construction of an overpass over the Burlington Northern

Santa Fe (BNSF) railroad on State Route 109 just south of Lazy Lane near Jarales in Valencia

County.

FISCAL IMPLICATIONS

The appropriation of $3,000,000 contained in this bill is a nonrecurring expense to the general

fund. Any unexpended or unencumbered balance remaining at the end of FY2010 shall revert to

the general fund. The NMDOT indicates that this is not enough funding to complete the project.

SIGNIFICANT ISSUES

HB 122 appropriates $3,000,000 for acquisition of rights of way, planning, design and

construction of this railroad overpass. However, the NMDOT reports that this amount is

insufficient to complete the project as described in the bill. A similar project at Aragon Road,

2.55 miles north on the same rail line, is currently under construction at a total cost of

$6,800,000.

GM/mt