ITEM TITLE:
Approval of Providence Valdez Medical Center annual (2020) Budget
SUBMITTED BY: Brian Carlson, Finance Director
FISCAL NOTES:
Expenditure Required: $16.05MM
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 proposed 2020 budget reflects:
o $16.05MM medical center expenses
o $1.05MM counselling center expenses
o $1.26 capital equipment expenses
• 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 Attachment: 2020 PVMC Budgets