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





SPONSOR: Urioste DATE TYPED: 02/22/99 HB 580
SHORT TITLE: Clovis Community Development SB
ANALYST: Gonzales


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY99 FY2000 FY99 FY2000
$ 150.0 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 (DFA)



SUMMARY



Synopsis of Bill



This bill provides a general fund appropriation of $150.0 to the LGD to provide funding for community development efforts in Clovis located in Curry county.



FISCAL IMPLICATIONS



This bill makes a general fund appropriation of $150.0 for the purpose stated above. Unexpended or unencumbered balances remaining at the end of FY2000 revert to the general fund.



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