FUND FOR A HEALTHY MAINE (FHM) STATUS
Reflect Final Status through FY 05 Closing Transactions
FY 04   FY 05
FHM RESOURCES:
Revenue
December 2002 Base Revenue Estimate $49,737,100 $50,441,892
December 2003 Revenue Revision ($573,250) ($1,644,765)
Revenue - Initiated Bill 2003, c. 1 $0 $2,661,450
Revenue - 121st Legislature, 2nd Special Session (PL 2003, c. 687) $0 ($1,076,557)
December 2004 Revenue Revision $0 ($1,845,114)
Revenue Variances (Actual minus Budgeted Revenue) ($156,056) $587,887
   
   Subtotal - Revenue $49,007,794 $49,124,793
Other Resources and Adjustments
Adjustments to Prior Year Balances $353,641 $663,568
Lapsed Balances from Unexpended Funds $2,945,108 $1,165,977
   Subtotal - Other Resources and Adjustments $3,298,749 $1,829,545
Total Resources $52,306,543 $50,954,337
FHM ALLOCATIONS AND OTHER USES: 1
Transfers
Transfers - 121st Legislature, 1st Regular Session $6,656,040 $0
Transfers to General Fund (PL 2003, c. 20, Statewide Deallocations) $80,588 $55,218
   
   Subtotal - Transfers $6,736,628 $55,218
Allocations
Governor's Recommended Current Services Allocations $48,906,816 $48,950,405
Other Allocations - 121st Legislature, 1st Regular Session $963,109 $967,827
Allocations - PL 2003, c. 20, Statewide Deallocations ($80,588) ($55,218)
Allocations - 121st Legislature, 2nd Regular Session $410,000 $0
Allocations - 121st Legislature, 2nd  Special Session $0 $0
   
   Subtotal - Allocations $50,199,337 $49,863,014
   
Total Allocations and Other Uses $56,935,965 $49,918,232
   
Net Change (Resources minus Allocations and Other Uses) ($4,629,422) $1,036,105
 
         
  BEGINNING BALANCE 2 $8,674,690   $4,045,268  
  NET CHANGE (FROM ABOVE) ($4,629,422)   $1,036,105  
  ENDING BALANCE 2 $4,045,268   $5,081,373  
           
NOTES:
1 For the purposes of this summary, transfers out are treated as an expenditure/use and are positive amounts.
2 Reflects actual beginning and ending balances including all FY 05 closing transactions.  FY 04 beginning balance includes write-offs of commitments against the Fund for a Healthy Maine balance in PL 2003, c. 513 to make fund balance consistent with the cash position of the Fund for a Healthy Maine account in the Department of Administrative and Financial Services.