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Residents press EDA for fiscal clarity as hospital seeks city-backed refinancing
Summary
Public commenters voiced both support for Madelia Health’s staff and concern about taxpayer risk; one longtime resident asked the hospital and city to produce a performance balance sheet before committing municipal funds.
Several residents spoke during public comment. Mark Hage, who lives across the street from the hospital, thanked staff for local services but pressed for a clear performance balance sheet and a long-term plan before the city considers backing seven-figure loans: "But when we start talking 7 figures and a lot of taxpayers here, how are you gonna do it? What's the plan?"
Other commenters praised the staff’s dedication and urged preserving a community-run hospital rather than letting corporate systems take over. City and hospital representatives told the hearing they would provide additional financial detail to answer those concerns before any formal action.
