Northern Health in Surplus Situation
By 250 News
Wednesday, July 19, 2006 02:52 PM
The first quarter of the 2006 fiscal year has wrapped up with Northern Health reporting a small surplus. The actual amount is $799 thousand dollars, which is about .15 of a percent of Northern Health's $521 million dollar annual budget.
Board Chair Jeff Burghardt says any surplus is encouraging, however, "Our financial projection is to end the year in a break-even position."
Any surplus developed now could disappear when cooler weather settles in and heating costs fluctuate.
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