Finance Committee Executive Committee July 10, 2017

FY17 Performance - May Advance funds for housing corporations - $7.2K Fixed asset purchases - $18K for tuck pointing Daughter of Charity $30K in June – booked in June. Booked monthly in FY18 DMH make payments towards deficit balances for ACT teams & CCBHC start-up - $373K revenue is unbudgeted. Professional fees over budget due to $14 architectural fees for Facilities Planning process

FY17 Performance YTD Cash position up $47k from 4/30; 3/30 Cash balance 6/26 - $4.271M (includes $1.47M CD’s) A/R balance $2.08M reviewed for accuracy – up $28K. New Medicaid/DMH is $1.054K up $135K from last month; New Grant & Other $297K. A/R - $0.216M from grant funders (high confidence to collect). 6/23: DMH-Medicaid A/R has been received through April.

FY18 Preliminary Budget Overview Budget Forecasts $130K Surplus Revenue FY17 $16.3M FY18 $19.6M Expenses FY17 $16.2M FY18 $19.5M DMH CCBHC - $15.2M: CCBHC allocation: 67% / 33% CCBHC enhanced match: 75% / 25% Estimate # of paid visits FY18 total budget costs, less other revenue Low – Mid – High scenario’s average $16.4M Cost per Visit - $189. 7,211 Visits per month cover budgeted costs (and other sources of revenue) DMH does not include: Quality Bonus (1%-5% of billable visits) and $15M Pool to be distributed among providers (requested $1M) Expenses are complete – firm budget figures. Includes all open positions & additional headcount for CCBHC. Budget displays FY17 YTD expenses and forecast for May & June; expenses itemized per FY17 Expenses used FY17 YTD 10-month & forecast for Q4, with changes as applicable Forecasted FY18 changes in recurring costs where applicable Expenses include CCBHC FY18 anticipated costs included in the initial Cost Report, with some adjustments Expense budget included cost for master facilities plan & rebranding project – No capital campaign expenses Expenses were adjusted for changes with the housing properties with Gateway Housing First