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Alpine County Prudent Reserve Assessment FY18/19 CORRECTED 05/12/20 1 PRUDENT RESERVE ASSESSMENT Per recent changes in state law, Alpine County Behavioral Health Services (ACBHS) is now obligated to maintain its MHSA Prudent Reserve funding levels at no more than 33% of the average CSS allocations received in the preceding five years. ACBHS is required to reassess this Prudent Reserve maximum level every five years. During each assessment, if Prudent Reserve funding levels are found to exceed the current maximum level, ACBHS is required to transfer the excess Prudent Reserve funding from the Prudent Reserve to CSS. ACBHS conducted a Prudent Reserve Assessment on October 7, 2019, which indicated that Prudent Reserve funding exceeded the maximum level; and a transfer of over $222,000 was required. However, at the request of the California Department of Health Care Services, a corrected assessment was conducted on May 12, 2020 with updated balances. As a result, in FY 2019/20, ACBHS is now required to transfer a total of $237,768 from Prudent Reserve to CSS. The corrected Prudent Reserve assessment calculations are included below. The original signed certification of the MHSA Prudent Reserve Assessment (DHCS form 1819) is included on the next page, and is considered to be valid for the correction. Conducted 5/12/2020 Total MHSA Allocations by FY (BH IN 19-037, Encl. 1) FY 13/14 1,111,598 $ FY 14/15 1,548,718 $ FY 15/16 1,421,616 $ FY 16/17 1,488,718 $ FY 17/18 1,499,513 $ Total 5-Year Allocation 7,070,163 $ Average CSS Allocation (Total / 5*.76) 1,074,665 $ Maximum Prudent Reserve Amount (33% of Average) 354,639 $ Prudent Reserve Amount* 592,407 $ Amount in Excess (Transfer to CSS in 19/20) (237,768) $ *Per FY 18/19 RER PR Balance dated 05/12/20 Alpine County Behavioral Health Prudent Reserve Assessment ---PAGE BREAK---