NOTE: As provided in LFC policy, this report is intended for use by the standing finance committees of the legislature. The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.
The LFC is only preparing FIRs on bills referred to the Senate Finance Committee, the Senate Ways and Means Committee, the House Appropriations and Finance Committee and the House Taxation and Revenue Committee. The chief clerks are responsible for preparing and issuing all other bill analyses.
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| SPONSOR: | Robinson | DATE TYPED: | 03/14/99 | HB | |||
| SHORT TITLE: | State Fair Commission Appropriations Act | SB | 6/aSFC | ||||
| ANALYST: | Hadwiger | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY99 | FY2000 | FY99 | FY2000 | ||
| $ 13,671.5 | Recurring | State Fair | |||
(Parenthesis ( ) Indicate Expenditure Decreases)
| Subsequent
Years Impact |
Recurring
or Non-Rec |
Fund
Affected | ||
| FY99 | FY2000 | |||
| $ 13,671.5 | Recurring | State Fair | ||
(Parenthesis ( ) Indicate Revenue Decreases)
Duplicates/Conflicts with/Companion to/Relates to HB2, SB2, HB6
SOURCES OF INFORMATION
LFC Files
SUMMARY
Synopsis of SFC Amendment
The Senate Finance Committee amendment would increase the number of authorized temporary employees at the State Fair to 30.
Synopsis of Bill
This bill sets out the FY2000 appropriation for the New Mexico State Fair (Fair). The Fair derives revenues from admission fees, concessions, parking, horse racing, midway, lease of facilities and other self-generated sources.
Significant Issues
The Fair is projected to receive about $1 million in gaming revenues in this bill. At the request of the Fair, these funds have been budgeted in capital outlay.
The budget proposed in this bill reduces current staffing at the Fair by 17.5 positions, reflecting a guideline employed by the Legislative Finance Committee (LFC) to delete positions which had been vacant for over three months. Eight of these positions had been vacant for more than two years at the time this budget was prepared by the LFC.
CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP
Both the House Appropriations and Finance Committee substitute for House Bills 2, 3, 4, 6, 7, and 263 and the Senate Finance Committee substitute for Senate Bills 2, 4, and 7 contain appropriations for the State Fair. The SFC bill contains the appropriation in SB6, but does not contain the budget adjustment authority in this bill.
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