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.

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(in thousands)

(Parenthesis ( ) Indicate Expenditure Decreases)

Duplicates/Conflicts with/Companion to/Relates to

SOURCES OF INFORMATION

Department of Finance and Administration (DFA)

SUMMARY

Synopsis of Bill

Senate Bill 360 appropriates $240.0 in general fund for expenditure in FY00 and FY01 for the following purposes:

• $200.0 to assist the Mora county government in meeting its administrative responsibilities;
• $40.0 for the Mora county clerk to provide motor vehicle division services to county residents.

Significant Issues

This bill contains an emergency clause.

The appropriation contained in this bill will help Mora county maintain the 3/12ths general fund cash balance reserve required by the Local Government Division, DFA, and help maintain an adequate cash flow not only within the general fund but within the road fund and corrections fund.

The State Motor Vehicle office in Mora county has recently been closed.

FISCAL IMPLICATIONS

This bill makes a $240.0 general fund appropriation to the Local Government Division, DFA, including $40.0 to the Mora county clerk, for expenditure in FY00 and FY01 for the purposes indicated above. Unexpended or unencumbered balances remaining at the end of FY01 revert to the general fund.

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