Clear Full Forecast

Northern Health Finishes Year With Surplus

By 250 News

Wednesday, May 17, 2006 01:15 PM

    

As expected, Northern Health has ended its 2005-2006 fiscal year with a very small surplus.  The as yet un-audited financial reports shows  a surplus of $280,000.

“We have an external financial audit that takes place every year at this time which will confirm the final surplus,” said Jeff Burghardt, chair of the Northern Health Board. “NH is now adjusting its 2006-2007 budget plan to take into account new collective agreements reached with labour unions.”

The surplus amount is less than half a percentage point of Northern Health's $484 million  dollar budget .


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