Budget hearing Powell Hospital District

POWELL HOSPITAL DISTRICT #1 DRAFT BUDGET
2019-2020
The Powell Hospital District Board will hold a public budget hearing meeting 5 pm on Monday, July 8, 2019, in the Conference Room at Powell Valley Hospital.

Cash less encumbrances, beginning of year: $2,299,636
Anticipated Revenues:
Interest and other
- General Fund 250
- Capital Projects Fund - Medical Building Fund 0
- Medical Building Fund 3,200
Rent
- General Fund 0
- Medical Building Fund 450,850
Other Financial Sources
- General Fund - Grants 0
- Capital Projects Fund - Loans/Grants 0

454,300
Total Cash and Estimated Revenues 2,753,936

Expenditures:
General Fund
- Purchased Services 35,800
- Hospital Support 180,150
- Other 0
- Capital Outlay-Equipment/Building 2,018,798
- Debt Service-Principal 0
- Debt Service-Interest 0

Total General Fund 2,234,748

Medical Buldings Fund
- Purchased Services and Repairs 190,850
- Remodel Projects 0
- Other 0
- Debt Service-Principal 0
- Debt Service-Interest 0

Total Medical Buildings Fund 190,850

Cash Reserve - all funds 2,299,636
Total Expenditures 2,425,598
Less Resources Available 454,300
Tax Requirement 1,971,298

Allow for funds from PY capital/repairs -1,281,359
Allow for funds budgeted from Motor Vehicle and Delinquent Fees -126,541
Net Tax Requirement from Mill Levy - 3 Mil Operating 563,398

From LevyRates 563,398
Out of balance: 0

Total Revenue - Medical 454,050
Total Expenditures - Medical -190,850
Excess/(Deficit) - Medical 263,200

Total Revenue - General 690,189
Total Expenditures - General -2,234,748
Excess/(Deficit) - General -1,544,559

TOTAL EXCESS/(DEFICIT) Funded from PY excess -1,281,350
First Publ., Tues., July 2, 2019
Second Publ., Fri., July 5, 2019