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County services report shows March positive month but YTD negative EBITDA of about $890,000
Summary
A county presenter reviewed financial statements and an earlier audit adjustment tied to EMR issues, saying March was a positive month but year-to-date EBITDA remained roughly $890,000 negative through March, with an expectation of improvement in the final quarter.
County staff included financial statements in the meeting packet and reviewed an audit adjustment from the previous July related to electronic medical records. "We are positive for the month of March," the presenter said, but added the year-to-date position was negative: "For the year to date, we're sitting in a negative EBITDA through March of about $890,000."
The presenter said carryover from last year's adjustment affected the first months of the current year but that trends have been improving and staff anticipates being positive in the last three months unless an unexpected event occurs. Commissioners asked questions about the sources of the variance and about potential budget impacts; staff noted insurance and storm-related costs as items to monitor.
