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Le Mars council accepts Floyd Valley Healthcare audit showing revenue growth
Summary
The council accepted Floyd Valley Healthcare's year-ending 6/30/2025 audit, which reports $65.5 million in operating revenue (about +15% year over year), expenses of about $58.2 million, payroll near $30 million, and a net position of about $51.8 million.
The Le Mars City Council accepted a condensed presentation of Floyd Valley Healthcare's audit for the fiscal year ending June 30, 2025.
Daryl Friedenbach, identified in the meeting as the chief financial officer of Floyd Valley Healthcare, told the council total operating revenues for the year were about $65.5 million, roughly a 15% increase year over year, while…
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