Emergency medical services sustainability trust.

09LSO-0236.L1

†††††††††††††††††††††††††††††††††††††††††††††††††††††††††

FISCAL NOTE

This bill contains an appropriation of $1,500,000 from the GENERAL FUND. This appropriation is effective immediately. Of this appropriation, $1,000,000 is appropriated to the proposed Emergency Medical Services Sustainability Trust, $100,000 is appropriated to the Emergency Medical Services Sustainability Trust Income Account, and $400,000 is appropriated to the Department of Health to be expended for the purpose of funding the regional emergency medical service coordinator positions. This bill contains an authorization of 5 AWEC positions.

 

 

FY 2010

FY 2011

FY 2012

NON-ADMINISTRATIVE IMPACT

 

 

 

Anticipated Revenue Increase:

 

 

 

Emergency Medical Services Sust. Trust Income

48,100

48,100

48,100

Source of revenue increase:† Trust Account-Investment income generated from the $1,000,000 general fund appropriation.

 

Assumptions:† The above assumes the proposed trust account is invested in the State Agency Pool, which (using the October 2008 CREG estimates) has an anticipated yield of 4.81% for fiscal years 2010, 2011 & 2012. Any additional monies deposited into the Trust Account, which is indeterminable, will also generate investment income at this same rate.† Please note, however, that the anticipated yield could change with the January CREG 2009 forecast.

 

Investment income from the proposed trust and the $100,000 appropriation are available for grants to improve delivery and quality of emergency medical services. The expenditure of these funds will depend on how many entities/individuals apply for grants, and the application procedure established by rule and regulation.

 

NOTICE-AGENCY ESTIMATE OF ADMINISTRATIVE IMPACT REQUESTED

 

This bill has administrative impact that appears to increase duties or responsibilities of one or more state agencies and may impact agency spending or staffing requirements.

The following state agencies will be asked to provide their estimate of the administrative fiscal impact prior to the first committee meeting held to consider the bill:

Department of Health

†Prepared by:† †Alex Kean, LSO††† Phone: 777-7881

(Info. provided by Sharon Garland, Treasurerís Office; 777-7475:

Jim Mayberry, Department of Health; Phone: 777-7955)