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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
1/24/08
HB
SHORT TITLE UNM Utton Transboundary Center
SB 123
ANALYST Haug
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$75.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to SB 249
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
Office of the State Engineer (OSE)
SUMMARY
Synopsis of Bill
Senate Bill 123 appropriates $75.0 from the general fund to the Board of Regents of the
University of New Mexico to increase the operational budget for the Utton Transboundary
Resources Center at the School of Law.
FISCAL IMPLICATIONS
The appropriation of $75.0 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.
A request was submitted by UNM to the New Mexico Higher Education Department for review.
The Department’s funding recommendation for FY09 is a continuance of FY08 recurring
funding in the amount of $431,000.
The HED’s evaluation table of FY09 Research and Public Service Projects provided to the LFC
classifies this project as a “would not oppose if funding available" project. Reasons for this