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F I S C A L I M P A C T R E P O R T
SPONSOR Nava
ORIGINAL DATE
LAST UPDATED
02/01/08
HB
SHORT TITLE Statewide Rural Revitalization Programs
SB 486
ANALYST Escudero
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$500.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to: Executive public school support recommendation includes $500.0 for
Rural Education/Community Revitalization
SOURCES OF INFORMATION
LFC Files
Responses Received From
Public Education Department
Energy, Minerals & Natural
Resources Department (EMNRD)
SUMMARY
Synopsis of Bill
Senate Bill 486 appropriates $500.0 non-recurring to the Public Education Department (PED) in
fiscal year 2009 for the implementation of rural revitalization programs statewide.
FISCAL IMPLICATIONS
The appropriation of $500.0 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.
This appropriation can be implemented with existing PED staff; therefore, the fiscal implications
to the PED are minimal
Senate Bill 486 will not have fiscal implications for the Energy Minerals and Natural Resources
Department (EMNRD), New Mexico State Parks Division (SPD).