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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
1/26/08
HB
SHORT TITLE Hispanic Youth Leadership Training
SB 108
ANALYST Cox
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$25.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Department of Higher Education (HED)
University of New Mexico (UNM)
SUMMARY
Synopsis of Bill
Senate Bill 108 appropriates $25,000 to the Board of Regents at the University of New Mexico
(UNM) in FY09 from the General Fund for a summer Hispanic Youth leadership training
program.
FISCAL IMPLICATIONS
This request was not submitted by UNM to the New Mexico Higher Education Department for
review and is not included in the Department’s funding recommendation for FY09
The appropriation of twenty five thousand dollars ($25,000) 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.