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

SPONSOR M. J. Garcia

ORIGINAL DATE

LAST UPDATED

1/30/08

HB

SHORT TITLE Bernalillo Youth Day Operations

SB 524

ANALYST Propst

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY08

FY09

$160.0

Non-Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Responses Received From

Department of Finance and Administration (DFA)

Public Education Department (PED)

SUMMARY

Synopsis of Bill

Senate Bill 524 makes a $160.0 thousand appropriation for operations for New Mexico Youth

Day, in FY09. The appropriation will be from the General Fund to the Local Government

Division of the Department of Finance and Administration. Any unencumbered balance will

revert to the general fund at the end of fiscal year 2009. The New Mexico Youth Holiday will be

in Bernalillo County.

FISCAL IMPLICATIONS

The appropriation of $160.0 thousand contained in this bill is a non-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

DFA notes that New Mexico Youth Day holiday will need to be initiated and executed by an

organization that is set up to accomplish the youth day activities. This can be done by the Local

Government Division working with Bernalillo County as the fiscal agent. Bernalillo County will

issue the appropriate request for proposals and execute the contract.

WEP/bb