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F I S C A L I M P A C T R E P O R T
SPONSOR Morales
ORIGINAL DATE
LAST UPDATED
1/22/08
HB
SHORT TITLE WNMU Economic Development Course
SB 75
ANALYST Cox
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$200.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
New Mexico Higher Education Department - HED
SUMMARY
Synopsis of Bill
Senate Bill 74 appropriates $200,000 (two hundred thousand dollars) from the general fund to
the Board of Regents of Western New Mexico University to plan and implement a basic
economic development course in the Republic of Mexico. The basic course would be
internationally accredited.
FISCAL IMPLICATIONS
The appropriation of two hundred thousand dollars ($200,000) 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 WNMU to the New Mexico Higher Education Department for
review but is not included in the Departmental 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 “does not fit within HED priorities for Higher Education" project.
Reasons for this classification decision are not provided. (LFC Report 07-20, Higher Education
Department Review of Selected
Research and Public Service Projects, January 12, 2008, Table 4,
p74.)
pg_0002
Senate Bill 75 – Page
2
SIGNIFICANT ISSUES
Higher Education Department states that:
This appropriation is for planning and implementation of this course in Mexico. Funds
will be utilized for marketing, travel, hiring instructors/translators and materials.
Plans include one week intensive training courses in economic development in each of 11
communities in Mexico. This course is a requirement for professionals who want to
become certified economic developers through the national accrediting agency, the
International Economic Development Council (IEDC). Attendees will include
community and economic development professionals, Chamber of Commerce and
economic development volunteers, government officials, and anyone else interested in
assisting the economy of their community.
The Mexico Basic Economic Development Course is designed for four main audience
groups in Mexico;
1. Economic developers who are new to the profession.
2. Community leaders whose active participation in local economic development
necessitates formalized learning about the process and practice of economic
development.
3. Various economic development personnel, such as bankers, public utility personnel,
port commission staff, and employees of institutions of higher education; and
4. existing economic development and community development professionals who want
to supplement their formal learning and experience in the field.
The course will be bilingual; that is, simultaneous translation will be available to take advantage
of the expertise of both Spanish and English speaking presenters. One of the goals of the course
is to provide opportunities for attendees to expand their network of professional colleagues.
PRC/mt