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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
2-4-2008
HB
SHORT TITLE Post-Secondary Reporting to High Schools
SB 533
ANALYST Dearing
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$500.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
ESTIMATED ADDITIONAL OPERATING BUDGET IMPACT (dollars in thousands)
FY08
FY09
FY10 3 Year
Total Cost
Recurring
or Non-Rec
Fund
Affected
Total
*$.01
*$.01
*$.01 Recurring General
Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
*Please see narrative
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
Public Education Department (PED)
Department of Information Technology (DOIT)
SUMMARY
Synopsis of Bill
Senate Bill 533 appropriates $500 thousand from the general fund to the Higher Education
department for the development of a database to provide information to public high schools on
the outcomes of their students in their first year of college while attending a New Mexico public
post-secondary educational institution.
FISCAL IMPLICATIONS
The appropriation of $500 thousand contained in Senate Bill 533 is a recurring expense to the