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Pratt commissioners apply sales tax proceeds as rent credit for Pratt Regional Medical Center

5926629 · September 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board approved Resolution 09-15-2025 to apply certain sales-tax proceeds toward PRMC rent for one year; bond counsel said doing so would still leave an estimated surplus in the bond trustee account and would likely not extend overall bond tenure beyond current projections by more than a few years.

The Pratt County commission voted to approve a resolution applying a portion of sales-tax proceeds as a rent credit for Pratt Regional Medical Center (PRMC) for one year.

Kevin Cowen, bond counsel with Gilmore & Bell in Wichita, told the commission the resolution is similar to what the county approved the prior year and would apply just over $1 million a year in sales-tax proceeds that otherwise would be available for bond debt service. “It’s for a year, which is what you did last year, sort of cover the next fiscal year of PRMC and talk about it again, in a…

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