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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
01/25/08
HB
SHORT TITLE Socorro Homeless Shelter
SB 236
ANALYST Weber
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$49.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Human Services Department (HSD)
SUMMARY
Synopsis of Bill
Senate Bill 236 appropriates $49 thousand from the general fund to the Income Support Division
of the Human Services Department for the operation of a homeless shelter in Socorro.
FISCAL IMPLICATIONS
The appropriation of $49 thousand contained in this bill is a recurring expense to the general
fund. Any unexpended or unencumbered balance remaining at the end of FY09 shall revert to
the general fund.
HSD reports that the agency is the recipient of the homeless shelter funds appropriated by the
Legislature from the State General Fund. Pursuant to Executive Order 97-01 dated January 14,
1997 the Mortgage Finance Authority Act, NMSA 1978, 58-18-1, authorizes by statute the
Mortgage Finance Authority to assist, administer, finance or service housing programs for local,
state, federal and tribal agencies. For this reason, HSD has passed on this funding to MFA for
Statewide Homeless Support Services.