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F I S C A L I M P A C T R E P O R T
SPONSOR Vigil
ORIGINAL DATE
LAST UPDATED
1-30-08
HB 574
SHORT TITLE Luna College Basketball Program
SB
ANALYST Haug
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$100.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to HB 573
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
Luna Community College (LCC)
SUMMARY
Synopsis of Bill
House Bill 574 appropriates $100.0 from the general fund to the Higher Education Department
to fund the Rough Riders Baseball Program at Luna Community College.
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 fiscal year 2009 shall revert to the
general fund.
A request was submitted by Luna Community College in the amount of $129,700 to the New
Mexico Higher Education Department for review. The Department’s funding recommendation
for FY09 is a continuance of FY08 recurring funding in the amount of $10,000.
The HED’s evaluation table of FY09 Research and Public Service Projects provided to the LFC
classifies this project as a “does not fit within HED priorities for Higher Education" project.