2 Budget Overviewbudget.nv.gov/uploadedFiles/budgetnvgov/content/...BUDGET KICKOFF 2015 –2017...

BUDGET KICKOFF 2015 – 2017 Biennium Executive Budget

March 6, 2014Nevada Budget Division Section 2 – Slide 1

Budget Overview2015‐2017 Biennium

Jeff Mohlenkamp, Budget Director

Section 2



Breakdown of State Revenues2013 – 2015 Biennium

General Fund34%

Federal Fund31%

Other18%

Transfers13%

Highway Fund4%



General Funds Comparison Over Time



Sources of General Fund Revenue2013‐2015 Biennium



General FundFY 2013 Actual Compared to Budget

• Actual Ending GF Balance ‐ $299.9 million• Required 5% ending GF Balance ‐ $160.4 million

• Over the 5% requirement ‐ $139.5 million

• Transfer to Rainy Day Fund $28 million



General FundFY 2014 Year to Date Revenues



FY13‐15 Biennium Expenditures (All Revenue Sources)

$17.7 Billion Legislature Approved



General Fund Appropriations by FunctionFY 14‐15 Biennium Total $6.5 Billion

K‐1238%

Health & HumanServices31%

HigherEducation

15%

Public Safety9%

All Other7%



Moving Ahead to the 2015 ‐2017 Biennium

What does the upcoming budget look like?



Recovery Warrants Optimism/State Needs Remain Significant

• Sunsetting revenues need to be addressed• Employee pay still not fully restored to pre‐recession levels

• Despite significant investment in the current biennium – IT needs remain a distinct budget challenge

• Investment in buildings has been low



Health Care Reform and Medicaid Expansion Impacts Remain Uncertain

• While initial enrollment in the Silver State Exchange has been low, the ultimate enrollment is unknown

• Medicaid enrollment has been strong and slightly outpacing expectations



Caseload Growth Needs Require Attention

• Medicaid caseloads• Other DHHS caseloads (SNAP, TANF, etc.)• K‐12 Education• Corrections



90000

140000

190000

240000

290000

340000

390000

440000

490000

Jul-99

Dec-99

May-00

Oct-00

Mar-01

Aug-01

Jan-02

Jun-02

Nov-02

Apr-03

Sep-03

Feb-04

Jul-04

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May-05

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Mar-06

Aug-06

Jan-07

Jun-07

Nov-07

Apr-08

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Jul-09

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May-15

Total Medicaid with Retro ProjectionsUsing DWSS Home & Community Based Waiver Reported Numbers

Total Medicaid Leg Approved Total Medicaid Projections December 13 Total Medicaid Actuals

2014 - 2015Legislative Approved

RecessionMar 01 - Nov

01

RecessionDec 07 - Jun

09

Blue: Dec 2013 Projections using Actuals through Nov 2013; Jul 2013 Employment Projections; Oct 2013 Population Projections. ACA Medicaid Projections "Mandatory"

Actual Caseload through November



Budget Directions forState Departments

• No CAP will be in place for the upcoming agency request budget

• Directors have been given very clear direction to prioritize and be realistic in budget requests

• The Governor has been very engaged in early reviews of budget needs



Budget Directions Continued

• Departments need to identify critical needs and prioritize to allow state government to live within its means

• Only the most important priorities should be brought forward in the budget request (this applies to all funding sources)




• Major Budget Initiative process will be used to provide a platform for larger budget requests

• Smaller enhancements will need basic input into NEBS by August 1

• Governor and staff will be engaged during August to prioritize requests that will be included in the Agency Request budget




• We will not be creating an Items for Special Consideration version

• Agency Request will need to closely approximate projected revenues

• Our goal is to reduce unnecessary efforts in developing enhancements that cannot be funded



QUESTIONS?

[email protected]



** 15 MINUTE BREAK **

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