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F I S C A L I M P A C T R E P O R T
SPONSOR Campos
ORIGINAL DATE
LAST UPDATED
2/4/06
2/4/06 HB 445
SHORT TITLE UNM Main Street Program Activities
SB
ANALYST Hoffmann
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$125.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
This is a duplicate bill of SB 168.
SOURCES OF INFORMATION
LFC Files
Responses Received From
Economic Development Department (EDD)
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
House Bill 445 appropriates $125,000 from the general fund to the Board of Regents of the Uni-
versity of New Mexico for the purpose of supporting ongoing design activities by the University
of New Mexico Design and Planning Assistance Center (DPAC) pursuant to a Joint Powers
Agreement between the Main Street Program and the Economic Development Department.
FISCAL IMPLICATIONS
The appropriation of $125,000 contained in this bill is a recurring expense to the general fund.
Any unexpended or unencumbered balance remaining at the end of 2007 shall revert to the gen-
eral fund.
SIGNIFICANT ISSUES
The proposal for House Bill 445 was not included in UNM’s 2006 Legislative priorities nor was
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House Bill 445 – Page
2
this included in the list of priority projects submitted to the New Mexico Higher Education De-
partment for review. It is not included in the Department's funding recommendations.
The Executive budget recommendation includes $500,000 for the Economic Development De-
partment for the Main Street program.
New Mexico Main Street is the local division of the National Main Street Center in Washington,
D.C., sponsored by the National Trust for Historic Preservation. The organization restores eco-
nomic vitality to America’s downtowns through city design, promotion, economic restructuring,
and organization.
According to the Higher Education Department, in the second half of 2004, Main Street spawned
69 new businesses and more than $8 million in private reinvestment in New Mexico’s small
towns and city centers.
The Economic Development Department notes that by providing communities with technical
assistance in architecture, landscape architecture and planning, this DPAC and Main Street part-
nership generates well-planned local public improvement projects that efficiently use capital out-
lay and other public and private financing resources.
ADMINISTRATIVE IMPLICATIONS
The UNM School of Architecture will oversee student relations with Main Street and the New
Mexico Economic Development Department.
DUPLICATION
Senate Bill 168 appropriates $125,000 for the same purpose.
CH/nt