Department of Medical Assistance Services (602)
Request Title | Revise Estimate of Tobacco Taxes in Health Care Fund |
Biennium | 2014-2016 |
Budget Round | Amended Bill |
Half Sheet Number | 301#3c |
Description
This amendment reduces $2.9 million the first year and $5.7 million the second year from the general fund and provides a corresponding increase in the Health Care Fund to reflect a revised estimate of tobacco tax revenues that are deposited to the Health Care Fund. This estimate assumes tobacco tax projections will decline by 1.2 percent each year as compared to a three percent decline estimated in the introduced budget. Since the Health Care Fund is used as state match for the Medicaid program, any change in revenue results in a corresponding offset in general fund support. |
Funding Details
By Program | Program Code | Program Title | FY 2014 | FY 2015 |
456 | Medicaid Program Services | $0 | $0 | |
By Fund | Fund Code | Fund Title | FY 2014 | FY 2015 |
0100 | General Fund | ($2,879,658) | ($5,663,502) | |
0949 | Virginia Health Care Fund | $2,879,658 | $5,663,502 |
Authorized Position Details
By Program | Program Code | Program Title | FY 2014 | FY 2015 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 10-06-2025 13:46:02