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.



Only the most recent FIR version, excluding attachments, is available on the Intranet. Previously issued FIRs and attachments may be obtained from the LFC office in Room 416 of the State Capitol Building.





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





SPONSOR: Howes DATE TYPED: 5/7/99 HB
SHORT TITLE: Graduate Center at UNM-Gallup SB 29
ANALYST: Pacheco-Perez


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY99 FY2000 FY99 FY2000
NA Unknown Rec GF



(Parenthesis ( ) Indicate Revenue Decreases)



Duplicates/Conflicts with/Companion to/Relates to



SOURCES OF INFORMATION



LFC Files



SUMMARY



Synopsis of Bill



This bill establishes the McKinley County Graduate Center at the University of New Mexico Gallup Branch campus. Upper division and graduates courses will be contracted out to existing programs in post-secondary educational institutions. Governance of the Center will reside with the UNM Gallup Branch local advisory board. Appropriations for instructional support shall be made directly to the Center.



FISCAL IMPLICATIONS



This bill does not contain an appropriation. Funding generated for the McKinley County Graduate Center would be a recurring expense to the general fund. As it is unclear whether funding for the Center would fall under the higher education instruction and general funding formula or the extended services formula, the fiscal impact is unknown.



APP/njw