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FHM Financial History, 2000-2013, Updated July 2011
1. FUND FOR A HEALTHY MAINE July 2011
Financial History through FY 13
Tobacco payments through FY 13: $742.8 million
(Excludes interest income; includes projected payments through FY 13).
General Fund transfers
(Includes FY 12/13 allocated transfers) $126.8 million (17.1%)
______________________________
June 1999 the following legislation was approved:
FHM and FHM Trust Fund established, with 10% of settlement payments each
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year (for five years) to go into the Trust Fund.
Approx. $18.6 million allocated to programs (much of it contingent funding because first
28
settlement payment not yet received).
29
$3.5 million capital advance from General Fund for tobacco programs.
April 2000:
30
Approx. $11.1 million allocated to FHM Trust Fund for FY 99-00 and 00-01.
31
Approx. $56 million allocated to programs for FY 01.
32
$25,540,000 placed in biennial reserve for FY 02 program spending (cash flow).
33
$15 million approved for transfer to General Fund by 6/30/01.
June 2001:
34 35
$11,094,848 in the Trust Fund transferred to the General Fund; Trust Fund abolished.
36
$9,055,000 cut from FY 01 program allocations; $46,887,832 finally allocated.
FY 01 program cut NOT restored in FY 02-03.
37
FY 02 allocation approx. $47.5 million; FY 03 allocation approx. $48.1 million.
Additional transfers to General Fund approved:
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$10,000,000 in FY 02
39
$29,672,837 in FY 03
Annual working capital advance of $25.5 million from General Fund to FHM
40
authorized beginning July 1, 2003 (cash flow).
March and November 2002:
41
Unexpended balances lapsed to reserve. $3.2 million transferred to General Fund.
1 PL 1999, c. 401, Pt. V, § 1
28 PL 1999, c. 401, Pts HH, MM, NN, OO, PP, QQ, KKK, LLL, MMM, NNN, TTT
29 PL 1999, c. 401, Pt. V, § 4
30 PL 1999, c. 731, Pt. RR
31 See 11/01/01 OFPR, “Fund for a Healthy Maine Allocations and Other Uses”
32 PL 1999, c. 731, Pt. RR
33 PL 1999, c. 731, Pt. WW
34 PL 2001, c. 358, Pt. Q, § 8
35 PL 2001, c. 358, Pt. Q, § 5
36 PL 2001, c. 358, Pt. Q, § 10
37 11/01/01 OFPR , “Fund for a Healthy Maine Allocations and Other Uses”
38 PL 2001, c. 358, Pt. Q, § 9
39 PL 2001, c. 358, Pt. Q, § 9; Pt. Y, § 2; PL 2001, c. 439, Pt ZZZZ
40 PL 2001, c. 358, Pt. Y, § 1. Advance was increased to $37.5 million in Nov. 2002 special session. PL 2001, c. 714, Part OO, § 1.
41 PL 2001, c. 559, Pt. AA, § 9
Produced by the Maine Public Health Association, Updated, July 2011 (ako)
2.
42
Additional unexpended balances lapsed. $8,162,638 (net) approved for transfer to GF.
In Spring 2003:
43
$350,000 lapsed balance transferred to General Fund (in FY 03).
44
$6,412,290 transfer to General Fund approved for FY 04.
45
$300,000 transfer to General Fund approved for FY 05.
June 2005:
46
$400,000 transfer to General Fund approved for FY 06.
47
$4.6 million cut from FY 07 program allocations; transfer to General Fund approved.
April 2006
48
April 2006 MSA payment about $6.14 million less than projected, due to market share dispute.
49
$2,346,727 is restored to the FHM for FY 06, as part of two-year restoration of FY 07 diversion.
50
$2,103,273 is restored to the FHM for FY 07, as remainder of restoration of FY 07 diversion.
Spring 2007
2007 MSA payments ($46.7 million) about $3.6 million more than projected
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Allocation to tobacco program in FHM in FY07 supplemental budget remains $14.7 million
Biennium budget passed in June includes $6.2 million transfers to the General Fund:
In FY 07: $3.989.370
In FY 08: $1,230,000
In FY 09: $1,000,000
March 2008
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Supplemental budget includes $4.9 million diversion of funds from FHM to General Fund:
In FY08: $1.8 million
In FY09: $3.1 million
January 2009
2009 MSA payments total $63.4 million, $4.3 million more than projected.
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Supplemental budget includes $5.0 million diversion of funds from FHM for Dirigo Health program in FY 09.
July 2009
$11.4 million in reserve funds in the FHM at the close of 2009.
42 PL 2001, c. 714, Pt. A, § 1; Pt. B, §§ 1 and 9. An additional $2.2 million that was diverted was replaced from other sources.
43 PL 2003, c. 51, Pt. A.
44 PL 2003, c. 20, Pt. D, § 25 ($6,112,290); PL 2003, c. 451, Pt. MM, § 1 ($300,000)
45 PL 2003, c. 451, Pt. C, § 1
46 PL 2005, c. 457, Pt. II, § 1
47 PL 2005, c. 457, Pt. II, § 1
48 Dispute brought by the OPMs for loss of market share in 2003 due to participation in the MSA. The dispute is likely to occur each year for some time.
49 PL 2005, c. 519, Pt. N, § 1
50 PL 2005, c. 519, Pt. N, § 1
51 PL 2007, c. 1
52 PL 2008, c. 539
53 PL 2009, c. 1
Produced by the Maine Public Health Association, Updated, July 2011 (ako)
3. January 2010
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8 MRSA § 1036, sub-§ 2, paragraph E. is amended to limit the amount of racino funds in the Fund for a Healthy
Maine to $4.5 million in FY 10, 11, and 12. The remaining balance is to be transferred to the General Fund.
March 2010
55
Supplemental budget includes $13.4 million in cuts to the FHM.
o In FY 10/11, $5.4 million in reserves are transferred to the General Fund.
o In FY 10/11, $9.1 million is transferred to fund the Dirigo Health program.
o In FY 10/11, $.33 million is transferred to fund the School Breakfast Program.
o In FY 11, $1.4 million of transferred funds are restored by DAFS.
February 2011
An emergency supplemental budget, signed into law on February 8, 2011, allows for the cash advance of funds not
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to exceed $3,500,000 to the Fund for a Healthy Maine programs for FY 10/11. Funding allocations for the fiscal year
exceed revenue reprojections in December 2010, resulting in an expected shortfall in the Fund for a Healthy Maine.
The Fund for a Healthy Maine is required to repay the allocation, including compounding interest, with funding from
its FY11/12 settlement payments.
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Supplement budget includes a $1.4 million cut to the FHM.
o In FY11, $1.4 million is transferred to DAFS to offset a previous deallocation.
April 2011
Industry payments per the MSA are made to the State of Maine totaling $50.0 million. This is below initial projections,
but exceeds Maine Revenue Forecasting estimates as of December 2010. As a result, the shortfall remaining in the
Fund before the close of the 2011 fiscal year totals $1.9 million.
June 2011
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Biennial budget includes $8.1 million in diversions to General Fund programming.
o In FY 12/13, $4,615,445 in settlement funds is transferred to the General Fund.
o In FY 12/13, $2,323,294 in settlement funds is transferred to fund the Dirigo Health program.
o In FY 12/13, $427,440 in settlement funds is transferred to fund the School Breakfast Program.
o In FY 12/13, $742,755 in settlement funds is transferred to the MaineCare program.
Biennial budget includes language changes that:
o Continue to limit the amount of racino funds in the Fund for a Healthy Maine to $4.5 million through FY 13.
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The remaining balance shall be transferred to the General Fund.
o Discontinue the appropriation of FHM funds to offset tobacco excise tax revenue losses as a result of
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Maine’s ban on flavored cigars.
$1.9 million in FY 11/12 settlement payments are transferred to an account in the Department of Administrative and
Financial Services receiving funding for the Fund for a Healthy Maine with interest to Other Special Revenue Funds as
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repayment for cash advances made to programs in the FY10/11 budget.
54 PL 2010, c. 462
55 PL 2010, c. 571
56 PL 2011, c. 1, Pt. G
57 PL 2011, c. 1, Pt. A
58 PL 2011, c. 380, Pt. A
59 PL 2011, c. 380, Pt. II, §1
60 PL 2011, c. 380, Pt. II, §2
61 PL 2011, c. 1 Pt. G, §2
Produced by the Maine Public Health Association, Updated, July 2011 (ako)