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: Gonzales DATE TYPED: 02/05/99 HB 172
SHORT TITLE: Questa Sewer Lines SB
ANALYST: Gonzales


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY99 FY2000 FY99 FY2000
$ 50.0 Non-Recurring GF



(Parenthesis ( ) Indicate Expenditure Decreases)



Duplicates/Conflicts with/Companion to/Relates to



SOURCES OF INFORMATION



Local Government Division (LGD), Department of Finance and Administration



SUMMARY



Synopsis of Bill



House Bill 172 appropriates provides a general fund appropriation to LGD for cash match to obtain the federal community development block grant to extend sewer lines in Questa for expenditure in FY2000.



FISCAL IMPLICATIONS



The bill makes a general fund appropriation of $50.0 to LGD for expenditure in FY2000. Any unexpended or unencumbered balance remaining at the end of FY2000 reverts to the general fund.



OTHER SUBSTANTIVE ISSUES



According to LGD, the village of Questa currently has a Community Development Block Grant for water and sewer improvements for $300.0 which requires a 5% cash match of $15.0.



JMG/njw