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F I S C A L I M P A C T R E P O R T
SPONSOR Taylor
ORIGINAL DATE
LAST UPDATED
01/28/08
HB
SHORT TITLE NM Highlands Wrestling Program
SB 105
ANALYST Escudero
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$100.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
New Mexico Highlands University (NMHU)
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
Senate Bill 105 appropriates $100,000 from the general fund to the Board of Regents of New
Mexico Highlands University (NMHU) for expenditure in FY09 for the Men's Wrestling
Program
.
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 2009 shall revert to the general
fund.
A request was submitted by NMHU in the amount of $216,100 to the New Mexico Higher
Education Department for review. The Departments funding recommendation for FY09 is a
continuance of FY08 recurring funding of $216,100 with no additional funding at this time
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