Fiscal Highlights - June 2016
Funding for Utah's Veterans' Nursing Homes -
Steven M. Allred (![]() The State operates four veterans The nursing homes have a capacity of approximately 415 people, and currently have an occupancy rate of 98 percent. The Salt Lake nursing home has a waiting list of 200 people; the Ogden home has a waiting list of 150 people. Veterans In state-owned veterans Utah has set up the Utah Veterans' Nursing Home Fund (an expendable special revenue fund) administered by the Utah Department of Veterans As an expendable special revenue fund, the fund is not subject to legislative appropriation. However, it is on budget and reviewed by the Legislature. Actual FY 2015 federal revenue for this fund was $20 million and contributions from private sources totaled approximately $150,000. The closing fund balance was $3.7 million. The purpose of the fund balance is to serve as a contingency for unanticipated large capital costs (such as a new roof, major repairs, etc.) or to maintain continuity of operations. Of the federal per-diem revenue collected, 90 percent is passed through to the nursing home contractor. The remaining ten percent is used for operations and maintenance and capital expenditures. The four nursing home officers are also paid through the fund. |
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Office of the Legislative
Fiscal Analyst
House Building, Suite W310
Salt Lake City, UT 84114
Phone (801) 538-1034 Fax (801) 538-1692