Northern Health Has Surplus
By 250 News
Thursday, November 23, 2006 01:16 PM
Northern Health continues to operate with a surplus as the Period 6 &7 financial statements indicate a surplus of $3.5 million. The Board's V.P. Corporate Services Barry Cheal, says the surplus is a result of lower than anticipated spending in Community programs and in Regional Services.
The budget figures also reflect the revised budget which incorporates the salary increases provided in the new collective agreements and the corresponding increases in grants from the Province to cover those salary increases.
It is anticipated that Northern Health will end the year with a budget surplus of $1.52 million.
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Posted by: Chester on November 23 2006 6:56 PM
apply it to the short fall you are liable to claim next year....
So typical one day surplus next day they have to get more money because of the shortfall... not just Northern Health all governments and organizations.....