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F I S C A L I M P A C T R E P O R T

SPONSOR Garcia, M.J.

ORIGINAL DATE

LAST UPDATED

2-3-2008

HB

SHORT TITLE

New Mexico Hispanic Trends Forum

SB 330

ANALYST Dearing

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

Cultural Affairs Department (DCA)

SUMMARY

Synopsis of Bill

Senate Bill 330 appropriates $100 thousand from the general fund to Cultural Affairs department

for the purpose of hosting or sponsoring a forum on trends among Hispanics in New Mexico and

the United States.

FISCAL IMPLICATIONS

The appropriation of $100 thousand contained in this Senate Bill 330 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.

SIGNIFICANT ISSUES

The growing percentage of Hispanics in the United States and habits and demographic trends

relating to health, economics, education and travel relating to culture are of interest to many

people in both the public and private sectors.

Senate Bill 330– Page

2

The $100.0 appropriation would be used to facilitate, organize and market the forum.

Department of Cultural Affairs would assign a staff member for organization and marketing of

the forum.

According to the department, additional personnel resources will need to be hired in order to

facilitate the forum. The department can utilize one of its properties to host the forum.

PERFORMANCE IMPLICATIONS

If forum occurs at a department facility, the agency’s performance measure focusing on facility

outreach participation as well as the attendance measure targets would be beneficially impacted.

ADMINISTRATIVE IMPLICATIONS

Conference or forum could be held at National Hispanic Cultural Center; with minimum

additional overhead costs.

PD/nt