Department of Medical Assistance Services (602)
Request Title | Adjust Health Care Fund appropriation |
Biennium | 2020-2022 |
Budget Round | Amended Bill |
Category | Mandates |
Region | None |
Description
Adjusts the appropriation in the Virginia Health Care Fund to reflect the latest revenue estimates. Since the Health Care Fund is used as state match for Medicaid, any increase in revenue offsets general fund support for Medicaid and likewise any decrease requires additional general fund support. The first year surplus is primarily related to a $45 million one-time cash balance to begin fiscal year 2021. |
Funding Summary
Object Type | FY 2020 | FY 2021 | |
General Fund Dollars | ($53,910,131) | ($5,204,943) | |
Nongeneral Fund Dollars | $53,910,131 | $5,204,943 | |
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 2020 | FY 2021 |
456 | Medicaid Program Services | $0 | $0 | |
By Fund | Fund Code | Fund Title | FY 2020 | FY 2021 |
01000 | General Fund | ($53,910,131) | ($5,204,943) | |
09490 | Virginia Health Care Fund | $53,910,131 | $5,204,943 |
Authorized Position Details
By Program | Program Code | Program Title | FY 2020 | FY 2021 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 22:59:07