- Creates The Child and Family Reinvestment Account is created and may be used to: (1) safely reduce entries and prevent re-entry; (2) safely increase reunifications; (3) achieve permanency for children unable to reunify; and (4) improve outcomes for youth who age out of care.
- Revenues to the Account consist of savings from reductions in the foster care caseload and per capita costs and other public or private funds.
- DSHS in collaboration with the Office of Financial Management (OFM) and the Caseload Forecast Council must develop a methodology for calculating state savings for deposit into the Account for the 2013-15 biennium. The methodology must include any relevant provision of a federal Title IV-E demonstration waiver. The savings calculation must be based on actual caseload and per capita expenditures.
- The Department must report to the Legislature by December 1, 2012, and the methodology is deemed approved unless the Legislature enacts legislation to modify or reject it.
- Once the savings methodology is established, the Department must use it at the end of each fiscal year to calculate State General Fund savings to be transferred to the Account by the State Treasurer.
- The Department must report the savings to the Legislature and the OFM.
- Nothing prohibits the Caseload Forecast Council from forecasting the foster care caseload or the Department from including maintenance funding in its budget submittal for caseload costs that exceed the baseline.
- The savings calculated by the Department are not subject to the Savings Incentive Account process. The transfers into the Account are not subject to calculations for the expenditure limit.
- The Joint Legislative Audit Review Committee must conduct a sunset review of the bill in 2018.
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