COBI 2015 - State Developmental Center Patient Account

Overview
Issues
Performance
Background
Financials

Sources Uses

FY 2016 Appropriation

This fund holds assets belonging to residents at the Utah State Developmental Center for their personal expenditures.

Funding History

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $1,964,400 from all sources for State Developmental Center Patient Account. This is a 0 percent change from Fiscal Year 2015 revised estimated amounts from all sources.

Staff Analysis

There are no fund-specific reports. Due to the fiduciary nature of this fund, the Analyst recommends the fund be reported annually to the Social Services Appropriations Subcommittee and be included in an annual appropriations act.

An outside audit firm reviews this fund as required by the federal Medicaid program. There have been no significant audit findings for the last three years. The federal Medicaid program defines what these funds can be used for, which is client "personal needs." Expenditures "require the approval of a Qualified Intellectually Disabled Professional who follows the guidelines identified in each individual's Person Centered Plan."

The balance of the fund is currently made up of cash held by the trustee (72%), investments (17%), and cash (11%). The largest amounts of money flowing into the account are deposited assets of resident clients of the Utah State Developmental Center. These assets include: Supplemental Security Income, civil service retirement, and client earnings and deposits.

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Funding Source

Expenditure Category

Appropriation Type:

Appropriation History by

Programs	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
State Developmental Center Patient Accou	0	0	0	1,964,400	0	1,964,400	1,964,400	0	1,964,400
Total	$0	$0	$0	$1,964,400	$0	$1,964,400	$1,964,400	$0	$1,964,400

Sources of Finance	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Interest Income	0	0	0	1,600	0	1,600	1,600	0	1,600
Trust and Agency Funds	0	0	0	1,949,000	0	1,949,000	1,949,000	0	1,949,000
Beginning Nonlapsing	0	0	0	0	0	0	0	723,200	723,200
Closing Nonlapsing	0	0	0	0	0	0	0	(709,400)	(709,400)
Beginning Fund Balance	0	0	0	750,800	0	737,000	737,000	(737,000)	0
Ending Fund Balance	0	0	0	(737,000)	0	(723,200)	(723,200)	723,200	0
Total	$0	$0	$0	$1,964,400	$0	$1,964,400	$1,964,400	$0	$1,964,400

Show Table | Show Additional Information

Categories of Expenditure	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Trust and Agency Disbursements	0	0	0	1,964,400	0	1,964,400	1,964,400	0	1,964,400
Total	$0	$0	$0	$1,964,400	$0	$1,964,400	$1,964,400	$0	$1,964,400

COBI contains unaudited data as presented to the Legislature by state agencies at the time of publication. For audited financial data see the State of Utah's Comprehensive Annual Financial Reports.