Department of Medical Assistance Services (602)
| Request Title | Adjust Health Care Fund appropriation |
| Biennium | 2020-2022 |
| Budget Round | Initial Bill |
| Category | Mandates |
| Region | None |
Description
|
Modifies the appropriation for the Virginia Health Care Fund to reflect the latest revenue estimates. Revenue from the Master Settlement Agreement is expected to decline by $10.1 million in FY 2021 and $10.6 million in FY 2022. Tobacco taxes are projected to increase by $117.2 million in 2021 and $124.3 million in 2022 based on the Department of Taxation's revised forecast, which includes revenue from a proposed increase to the cigarette tax. Prior year Medicaid recovery estimates are expected to decrease by $1.5 million in FY 2021 and then grow by $4.1 million in FY 2022. 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 2020 | FY 2021 | |
| General Fund Dollars | ($105,603,262) | ($117,786,979) | |
| Nongeneral Fund Dollars | $105,603,262 | $117,786,979 | |
| 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 | ($105,603,262) | ($117,786,979) | |
| 09490 | Virginia Health Care Fund | $105,603,262 | $117,786,979 |
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 18:40:19
