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Mount Vernon City reports $417,000 Medicaid reimbursement, $125,000 catastrophic reimbursement; board approves fiscal items
Summary
At the June 23 meeting the district’s finance report showed a $417,000 Medicaid reimbursement for 2022–23 and a $125,000 catastrophic-cost payment; board members approved May financials, updated appropriations and temporary appropriations needed by July 1.
The district’s finance officer presented the May 2025 financial report on June 23 and highlighted two reimbursements that improved the bottom line: a $417,000 Medicaid reimbursement for 2022–23 and roughly $125,000 in catastrophic-cost reimbursement. “For 2022, 2023, we just got our reimbursement. $417,000 and we get that every year,” the finance presenter said.
Why it matters: those reimbursements are material to the district’s year-end position and to its capacity to move money into capital projects and termination-benefit…
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