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Question
of the Month - June 2003
May 2003
April
2003
March
2003
February 2003
January 2003
November/December 2002
October 2002
Question:
How much aid will the SLC states receive under the new federal tax cut?
In late May 2003, both chambers of the U.S. Congress and the president agreed
on a $350 billion package designed to promote economic growth across the
country. A major provision for the passage of this legislation in the U.S.
Senate was a $20 billion state aid component that included $10 billion for
Medicaid/FMAP and $10 billion in the form of flexible grants for states. The
table below presents a breakdown of the amounts the 16 SLC states are slated to
receive under the legislation.
Final Agreement on State Fiscal Assistance
Federal Fiscal Years 2003 and 2004; Dollars in Thousands
| SLC State |
Flexible Grants (FFY
2003 and 2004) |
FMAP (FFY 2003) |
FMAP (FFY 2004) |
Grand Total |
| Alabama |
$151,224 |
$45,916 |
$68,367 |
$265,507 |
| Arkansas |
$90,909 |
$33,125 |
$51,945 |
$175,979 |
| Florida |
$543,483 |
$156,545 |
$247,540 |
$947,568 |
| Georgia |
$278,382 |
$92,093 |
$147,776 |
$518,251 |
| Kentucky |
$137,441 |
$55,844 |
$83,039 |
$276,324 |
| Louisiana |
$151,968 |
$60,854 |
$96,314 |
$309,136 |
| Maryland |
$180,108 |
$57,918 |
$95,283 |
$333,309 |
| Mississippi |
$96,733 |
$42,841 |
$71,099 |
$210,673 |
| Missouri |
$190,266 |
$72,929 |
$112,383 |
$375,578 |
| North Carolina |
$273,718 |
$101,876 |
$176,000 |
$551,594 |
| Oklahoma |
$117,340 |
$37,250 |
$62,990 |
$217,580 |
| South Carolina |
$136,429 |
$46,370 |
$72,569 |
$255,368 |
| Tennessee |
$193,465 |
$86,754 |
$143,420 |
$423,639 |
| Texas |
$709,070 |
$219,390 |
$349,609 |
$1,278,069 |
| Virginia |
$240,706 |
$70,468 |
$104,035 |
$415,209 |
| West Virginia |
$61,493 |
$25,917 |
$37,438 |
$124,848 |
| SLC Total |
$3,552,735 |
$1,206,090 |
$1,919,807 |
$6,678,632 |
| US Total |
$10,000,000 |
$4,018,312 |
$6,073,857 |
$20,092,169 |
Source: Federal Funds Information for States
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