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Friday, April 15, 2011

FY 11-12 State Budget Update

The Colorado Senate and House passed the FY 11-12 budget Long Bill and several related bills this week. Although still contingent upon the state declaring a fiscal emergency, funding for Primary Care Fund was included with $1.72 million for the Special Distribution Fund and $10.75 million (eligible for a federal match) for the Health Care Services Fund. These amounts are reductions over last year’s levels. A Senate amendment that would have added an additional $1.8 million to the Health Care Services Fund was not picked up in the House. The final package also adds monthly premiums to the Child Health Plan Plus (CHP+) program for children over 205% of the federal poverty level, cuts Medicaid provider rates by 0.75%, and reduces Medicaid funding for family medicine residency programs.

As each chambers passed different versions (including the Primary Care Fund amendment), the Long Bill now moves to conference committee, consisting of members of the Joint Budget Committee, to work out the differences. Once the committee completes its work, the budget returns to both houses for final passage. Read more.