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State Health Reform
Assistance Network
Charting the Road to Coverage
ISSUE BRIEF
December 2016Assessment Tool: State Budget Impact
of Medicaid Expansion
Prepared by Deborah Bahrain, Patricia Boozing,
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How to fill out state budget impact of
01
Gather necessary financial data and historical budget information.
02
Identify the specific program or initiative that will impact the state budget.
03
Analyze the costs associated with the program, including initial implementation and ongoing expenses.
04
Estimate the potential revenue changes resulting from the program.
05
Consult with relevant stakeholders to gather insights and feedback.
06
Draft a detailed report outlining the expected financial impacts.
07
Review the impact assessment with financial experts for accuracy.
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Submit the final impact report to the appropriate state budget office.
Who needs state budget impact of?
01
State legislators who allocate funding for programs.
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State financial analysts assessing budget implications.
03
Government officials planning new initiatives that require funding.
04
Advocacy groups seeking to understand the financial viability of proposals.
05
Citizens interested in understanding how state budgets affect their communities.
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What is state budget impact of?
The state budget impact refers to the financial effects that proposed initiatives or changes in policies will have on a state's budget, including revenue, expenditure, and overall fiscal health.
Who is required to file state budget impact of?
Typically, government agencies, departments, and sometimes private entities that propose new programs or changes to existing programs are required to file a state budget impact analysis.
How to fill out state budget impact of?
Filling out a state budget impact involves providing detailed information on the proposed initiative, including estimated costs, projected revenues, potential financial benefits, and any fiscal trends that may be affected.
What is the purpose of state budget impact of?
The purpose of the state budget impact analysis is to inform policymakers and stakeholders about the financial implications of legislative proposals and to aid in making informed budgeting decisions.
What information must be reported on state budget impact of?
Information required includes a description of the proposal, estimated financial impact, cost-benefit analysis, funding sources, and any anticipated long-term fiscal consequences.
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