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Virginia Administrative Code (Last Updated: January 10, 2017) |
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Title 12. Health |
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Agency 30. Department of Medical Assistance Services |
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Chapter 100. State Programs |
Section 190. State funds remaining at the end of the fiscal year
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State funds remaining at the end of the fiscal year shall be used as an offset to the calculated local share for the following year. The funds shall be allocated among localities in accordance with a procedure established by DMAS to ensure that state funds remaining at the end of the fiscal year are used first to offset increases in calculated local shares, then to offset calculated local share for all localities. Remaining state funds shall be applied toward offsetting calculated local share only and shall not be added to a locality's base allocation. State funds remaining at the end of the state fiscal year shall not be used for other purposes including payment for claims rendered in a prior SLH payment year.
Historical Notes
Derived from VR460-05-1000.0000 § 5.1, eff. May 1, 1994.