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Finance committee hears staff projections for pharmacy, rate change and dental clinic revenue
Summary
Committee members were briefed on accounting mismatches, delayed year-end close and three possible new revenue lines — pharmacy/340B, an APM rate change and a newly operating dental clinic — and were told final numbers may not be available until after year-end close.
The Skagway Municipality Finance Committee heard an update on the municipality’s finances and projected new revenue streams during its meeting. Alex Waddell, who presented the accounts reports, told the committee the municipality will begin receiving biweekly actuals to improve monitoring and that year-end accounting differences between the municipality’s system and the clinic’s Athena system are causing temporary variances.
Waddell said the variance report currently appears to show an overspend because two drawdowns have not yet been recorded, and the treasurer expects the year to “more than breakeven” once those drawdowns are posted. “I will get actuals to date, every 2 weeks,” Waddell told the committee, noting the…
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