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F I S C A L I M P A C T R E P O R T
SPONSOR B. Sanchez
ORIGINAL DATE
LAST UPDATED
1/22/08
HB
SHORT TITLE UNM Land Grant Studies Program
SB 61
ANALYST Haug
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$125.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
University of New Mexico (UNM)
Department of Cultural Affairs (DCA)
SUMMARY
Synopsis of Bill
Senate Bill 61 appropriates $125.0 from the general fund to the Board of Regents of
the University of New Mexico to develop a land grant studies program at the University of New
Mexico.
FISCAL IMPLICATIONS
The appropriation of $125.0 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.
This request was submitted by UNM to the New Mexico Higher Education Department for
review, but is not included in the Department’s funding recommendation for FY09.
The HED’s evaluation table of FY09 Research and Public Service Projects provided to the LFC
classifies this project as a “size of budget request not well supported" project. Reasons for this
classification decision are not provided. (LFC Report 07-20, Higher Education Department