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 - 01-25-2026 05:46:18

