Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance
committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
if they are used for other purposes.
Current FIRs (in HTML & Adobe PDF formats) are a vailable on the NM Legislative Website (legis.state.nm.us).
Adobe PDF versions include all attachments, whereas HTML versions may not. Previously issued FIRs and
attachments may be obtained from the LFC in Suite 101 of the State Capitol Building North.
F I S C A L I M P A C T R E P O R T
SPONSOR Morales
ORIGINAL DATE
LAST UPDATED
1/31/08
HB
SHORT TITLE Middle School College & Career Preparation
SB 490
ANALYST Dearing
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$500.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
Public Education Department (PED)
SUMMARY
Synopsis of Bill
Senate Bill 490 appropriates $500 thousand from the general fund to the Higher Education
department for the purpose of developing a collaborative college and career preparation
campaign focused on middle school students.
FISCAL IMPLICATIONS
The appropriation of $500 thousand contained in Senate Bill 490 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 educational pipeline conceptualizes the cumulative success of students progressing through
high school, college entry, and persistence to a baccalaureate degree. New Mexico ranked 50th
in cumulative success in a 2004 National Center for Public Policy and Higher Education policy
alert, with only 10-to-11 percent of high school freshmen attaining a college degree. Students are
lost at the transition points, the majority failing to graduate from high school. Minority and low
income students are disproportionately represented among these dropouts. Efforts to increase