AN ACT
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MAKING GENERAL APPROPRIATIONS AND AUTHORIZING EXPENDITURES BY STATE AGENCIES REQUIRED BY LAW.
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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Section 1. SHORT TITLE.--This act may be cited as the “General Appropriation Act of 1997".
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Section 2. DEFINITIONS.--As used in the General Appropriation Act of 1997:
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A. "agency" means an office, department, agency, institution, board, bureau, commission,
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court, district attorney, council or committee of state government;
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B. "expenditures" means costs, expenses, encumbrances and other financing uses, other than
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refunds authorized by law, recognized in accordance with generally accepted accounting principles for the
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legally authorized budget amounts and budget period;
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C. “federal funds” means any payments by the United States government to state government or
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agencies except those payments made in accordance with the federal Mineral Lands Leasing Act;
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D. “full-time equivalent” or “FTE” means one or more authorized positions that together
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receive compensation for not more than two thousand eighty-eight hours worked in fiscal year 1998. The
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calculation of hours worked includes compensated absences but does not include overtime, compensatory time
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or sick leave paid pursuant to Section 10-7-10 NMSA 1978;
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E. "general fund" means that fund created by Section 6-4-2 NMSA 1978 and includes federal
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Mineral Lands Leasing Act receipts, but excludes the general fund operating reserve, the appropriation
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contingency fund and the risk reserve;
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F. "interagency transfers" means revenue, other than internal service funds, legally
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transferred from one agency to another;
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G. "internal service funds" means:
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(1) revenue transferred to an agency for the financing of goods or services to another
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agency on a cost-reimbursement basis; and
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(2) unencumbered balances in agency internal service fund accounts appropriated by the
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