Port Angeles: Olympic Memorial Hospital board OKs $65.7 million budget

PORT ANGELES — Olympic Memorial Hospital commissioners unanimously approved a $65.7 million hospital district operating budget Monday night for fiscal 2002.

In order to help fund the budget, commissioners also approved a 1 percent property tax increase.

The tax increase allows the district to collect $634,606 in district property tax revenues next year, up from more than $628,000 that it got this year.

The actual tax rate that will be paid by individual homeowners will be determined on the total property value of the district.

The commissioners didn’t provide this information in documents at their budget meeting Monday night.

In addition to the operating budget, commissioners approved spending $9.9 million next year on capital improvements.

According to the budget approved Monday, the hospital district will spend $29.4 million on salaries, $10.2 million medical supplies, $8.1 million on employee benefits, $3 million on professional fees, $2.5 million for purchased services and $1.4 million for maintenance and repairs.

Equipment will also cost the district $5.3 million in depreciation next year and bad debts will cost $1.4 million, the budget shows.

The rest of this story appears in today’s Peninsula Daily News. Click on “Subscribe” to get the PDN delivered to your home or office.

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