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Leadership says operations budget complete, capital budget near complete; subsidy response prepared
Summary
The board received an update that the hospital’s operations budget is complete and the capital budget is about 90% complete; staff said both will be submitted to Metro before the end of the month and are prepared to respond to subsidy questions.
Hospital leadership reported that the operations budget has been completed and the capital budget is approximately 90% finished and expected to be submitted before the end of the month. The board heard that both capital and operating budgets would be submitted and that staff are prepared to respond to questions about any subsidy requests from city partners.
Doctor Blackledge said the hospital will aim to complete the capital budget items so they can be submitted, and noted meetings are planned with city partners. Later in the meeting, board members expressed interest in having consistent contract‑request documentation that shows prior costs, expected revenue and an exit strategy to help the committee and the board assess contract priorities against the budget.
No formal vote was recorded on the budget update; it was presented as an informational update to the committee.
