File #: 18-0382    Version: 1
Type: New Business Status: Passed
File created: 10/30/2018 In control: City Council
On agenda: 11/7/2018 Final action: 11/7/2018
Title: Approval of Providence Valdez Medical Center Annual Budget
Sponsors: City Council
Attachments: 1. PVMC Slides Presentation, 2. HAC budget report 10.9.18, 3. Providence Management Operating Agreement

ITEM TITLE: 

Approval of Providence Valdez Medical Center Annual Budget

 

SUBMITTED BY: Brian Carlson, Finance Director

 

FISCAL NOTES: 

Expenditure Required: $15.2MM

Unencumbered Balance: n/a

Funding Source: PVMC Revenues; not on City’s Books

 

RECOMMENDATION:

Review for formal adoption                     

SUMMARY STATEMENT:

                     This is the annual Providence Valdez Medical Center budget for formal Council approval, per operating agreement with Providence Healthcare

                     The request includes a number of capital equipment purchases

                     Capital projects requests will be forwarded to City staff in February, pursuant to our revised project-budgeting process.

                     Jeremy O’Neil and Lindsie King will present budget information to Council

PDF Attachments:                      PVMS Slides Presentation

                                                               HAC Budget Report

                                                               Providence Management Operating Agreement