Projections for CY 2024 IGT Transaction with City of Newport Beach Fire Department per CalOptima
ESTIMATE for City of Newport Beach Fire Department Amount
1. City of Newport Beach IGT Transfer to DHCS $137,288
2. City of Newport Beach Additional 20% State Fee to DHCS $27,458
3. Federal Match of City of Newport Beach IGT $230,368
4. Increased Capitation Payment from DHCS to CalOptima Health $395,114
5. City of Newport Beach's Initial Contribution (Original transfer + 20% State Fee) $164,746
6. Net IGT Transaction Revenue for Orange County $230,368 98% Share for City of Newport Beach $225,761
2% Share for CalOptima Health $4,607
7. Total Payment to City of Newport Beach $390,507
Rate of Return for City of Newport Beach 137%
NOTE: Updated estimate based on DHCS contracts in August 2025 3-5
ATTACHMENT A