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F I S C A L I M P A C T R E P O R T
SPONSOR McSorley
ORIGINAL DATE
LAST UPDATED
01/24/08
HB
SHORT TITLE UNM Student Engagement & Success Program
SB 119
ANALYST Escudero
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$1,009.5
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
University of New Mexico (UNM)
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
Senate Bill 119 appropriates $1,009.475 from the general fund to the local government division
of the Department of Finance and Administration for expenditure in fiscal year 2009 to provide
The Board of Regents of the University of New Mexico for expenditure in fiscal year 2009 to
strengthen the success of all student groups by providing them the chance to pursue their educa-
tions in three major extra-campus setting: international, professional, and community.
FISCAL IMPLICATIONS
The appropriation of $1,009.475 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.
A request was submitted by UNM in the amount of $1,453,685 to increase the base funding of
$330,000 by an additional amount of $1,123,685. The executive funding recommendation for
FY09 is a continuance of FY08 recurring base funding in the amount of $330,000. The base
funding is comprised of appropriations in Laws 2007. HB2 included $280,000 for international
education initiatives, and SB611 included.