Monday, January 16, 2012

The Fiscal Session


Here are some things to look for as we start the Pre-Fiscal Session Budget Hearings:


From: http://arkansasnews.com/2012/01/15/despite-agenda-add-ons-legislative-leaders-expect-smooth-budget-hearings/

Healthcare Exchanges: Part 1
Another issue likely to draw attention is a $462,000 contract in the state Insurance Department’s proposed budget to plan what the state’s role will be in a federally mandated health insurance exchange.
Healthcare Exchanges: Part 2
The governor in December said he endorsed the state’s involvement in a partnership with the federal government to implement the exchange in the state.
He also said he signed off on an application by the Insurance Department for a $7.6 million federal grant to plan for implementing the program.
AFC
The governor has asked lawmakers to approve $2.7 million in supplemental funding to help offset the commission’s shortfall. About $1.2 million would repay federal government grant money that was inappropriately used by the agency for the ongoing expenses, and about $1.5 million would fund the commission operations through the end of the fiscal year.
Increased Spending

There is an expectation that the Governor's budget will be around $4.7 billion which is an increase of around $155 million from last year's budget.  The bulk of the increase will be Medicaid and Public Schools.

Please feel free to send me your thoughts on these and other issues.  My email is david.meeks@arkansashouse.org

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