OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
June 2, 2013
To Fiscal Note on LCO No. 8596
AN ACT CONCERNING EXPENDITURES AND REVENUE FOR THE BIENNIUM ENDING JUNE 30, 2015.
The fiscal note on the underlying amendment did not indicate the federal funds impact associated with increasing the appropriations. The increase in Medicaid of $36.9 million in FY 14 and $37.9 million in FY 15 will allow DSS to claim an additional $36.9 million and $37.9 million respectively, in federal funds for the program. The increase in the Disproportionate Share account will result in a revenue gain of $60.4 million in FY 14 and $127.5 million in FY 15 to reflect a 50% federal reimbursement rate.