Department of Medical Assistance Services (602)
| Request Title | Adjust Health Care Fund appropriation |
| Biennium | 2016-2018 |
| Budget Round | Initial Bill |
| Category | Mandates |
| Region | None |
Description
|
Modifies the appropriation for the Health Care Fund to reflect the latest revenue estimates. Tobacco taxes are projected to increase by $2.2 million in FY 2017 and $2.7 million in FY 2018 based on the Department of Taxation's revised forecast. Conversely, Medicaid recoveries are expected to decline by $1.7 million in FY 2017 and $1.5 million in FY 2018. The estimates also assume that FY 2017 will begin with a $17.9 million prior year cash balance. Since the fund is used as state match for Medicaid, any change in revenue to the fund impacts general fund support for Medicaid. |
Funding Summary
| Object Type | FY 2016 | FY 2017 | |
| General Fund Dollars | ($17,874,661) | ($1,236,248) | |
| Nongeneral Fund Dollars | $17,874,661 | $1,236,248 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 0.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $0 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
| 456 | Medicaid Program Services | $0 | $0 | |
| By Fund | Fund Code | Fund Title | FY 2016 | FY 2017 |
| 01000 | General Fund | ($17,874,661) | ($1,236,248) | |
| 09490 | Virginia Health Care Fund | $17,874,661 | $1,236,248 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-03-2025 23:02:07
