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

SPONSOR Lujan, B.

ORIGINAL DATE

LAST UPDATED

2/9/2007

HB 646

SHORT TITLE Santa Fe Summer Day Camps

SB

ANALYST Aguilar

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY07

FY08

$600.0

Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

SUMMARY

Synopsis of Bill

House Bill 646 appropriates $600.0 from the general fund to the Public Education Department

for the purpose of paying expenses for Santa Fe Summer day camps.

FISCAL IMPLICATIONS

The appropriation of $600 thousand contained in this bill is a recurring expense to the general

fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2008 shall

revert to the general fund.

The LFC remains concerned with funding initiatives outside of the funding formula as it tends to

disequalize school funding and diverts funding away from core educational needs.

PA/mt