Voters in California's Mountain Community Medical Services District have supported a parcel tax used to fund Trinity Hospital in Weaverville, Calif., according to a Record Searchlight report.
The parcel tax has taxed approximately 9,500 parcels within the district — $118 for each dwelling unit and $32 for any undeveloped parcels — and has produced about $860,000 each year for the hospital since it was passed in 2006, according to the report. The hospital's board of directors decided extending the parcel tax an additional five years was the best option for raising funds for the hospital.
Trinity Hospital's operating losses decreased from more than $1 million in 2009 to approximately $768,000 in 2010.
Read the Record Searchlight report on voters' approval of the parcel tax for Trinity Hospital.
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The parcel tax has taxed approximately 9,500 parcels within the district — $118 for each dwelling unit and $32 for any undeveloped parcels — and has produced about $860,000 each year for the hospital since it was passed in 2006, according to the report. The hospital's board of directors decided extending the parcel tax an additional five years was the best option for raising funds for the hospital.
Trinity Hospital's operating losses decreased from more than $1 million in 2009 to approximately $768,000 in 2010.
Read the Record Searchlight report on voters' approval of the parcel tax for Trinity Hospital.
Related Articles on Hospital Finance and Business News:
Judge Allows Antitrust Suit Against BCBS Michigan to Proceed
More Hospitals Turning to "Nocturnists" to Work Overnight
5 Healthcare Construction Best Practices for Occupied Healthcare Facilities