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GA Adjustment
Department of Medical Assistance Services (602)
Request Title Adjust Revenue for the Virginia Health Care Fund
Biennium 2016-2018
Budget Round Initial Bill
Half Sheet Number 306 #2c
Description

This amendment reduces the general fund appropriation for Medicaid by $361,659 the first year and $361,659 the second year and increases a like amount of nongeneral funds each year, reflecting increased revenues to the Virginia Health Care Fund (VHCF). Because revenues to the fund have historically been used as the state share of Medicaid, additional revenue results in an equal amount of general fund savings. Current estimates of cigarette tax collections indicate that Virginia will receive slightly more revenue than was assumed in the introduced budget. This additional revenue, which is deposited into the Virginia Health Care Fund, allows for a reduction in general fund appropriations for the state's share of Medicaid funding.

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 ($361,659) ($361,659)
  09490 Virginia Health Care Fund $361,659 $361,659
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 23:39:41