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

SPONSOR Madalena

ORIGINAL DATE

LAST UPDATED

2-10-2008

HM 59

SHORT TITLE

Assess Tribal Public Libraries

SB

ANALYST Dearing

ESTIMATED ADDITIONAL OPERATING BUDGET IMPACT (dollars in thousands)

FY08

FY09 FY10 3 Year

Total Cost

Recurring

or Non-Rec

Fund

Affected

Total

*$0.1

$0.0

$0.1

Non-

Recurring

*Tribal

Libraries

Endowment

Fund/General

Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

SUMMARY

Synopsis of Bill

House Memorial 59 resolves that the Library division of the Cultural Affairs department and the

Indian Affairs department be requested to conduct a joint comprehensive assessment of tribal

libraries throughout the state, in order to determine sources and uses of resources for operating

the libraries. Additionally, House Memorial 59 requests the presentation of the agencies’

findings to interim committees no later than October, 1

st

2008.

FISCAL IMPLICATIONS

House Memorial 59 carries no appropriation. Section 18-2-23 NMSA 1978 created the Tribal

Libraries Endowment Fund in the state treasury. The non-reverting fund was established for the

Cultural Affairs Department’s Library division to administer and shall make disbursements from

the earnings on the investment of the fund for the purpose of funding the establishment,

development and administration of tribal libraries in New Mexico. *Estimated additional

budget impact of this study is unknown, however, funding for the intent of House Memorial 59

could flow from this endowment fund, in addition to other Library division general fund sources.

It is unknown whether current levels within the fund would be of substantial value to support this

House Memorial 59 – Page

2

initiative through interest earnings.

SIGNIFICANT ISSUES

House Memorial 59 seeks to quantify the sources and amount of funds available to tribal public

libraries, including an expense analysis to determine operating costs. If enacted, relevant interim

legislative committees would have access to operating cost data and a review of the sources of

funds that tribal public libraries have.

PD/nt