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ChatGPTClaudePerplexity· Related development
Board forms an indigent care committee and adopts a budget drawing the fund toward $120 million
The board appointed three members to a new Indigent Care and Funding Priorities Committee, kept the LPPF at 6% for state fiscal year 2025 and adopted a 2024/25 budget starting with $129.5 million available and ending at $120.4 million. Indigent care payments were set at $7.7 million a year. Sage reported a $330 thousand anticipated deficit through 2036. Members asked for an item on a committee to work on legislation.[1]
Sage Advisory Services (Sage Investment Managers)
What the sources say
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Staff said the four quarterly indigent care payments are flat at $1.9 million, an annual total of $7.7 million, and will remain flat through the end of the agreement in 2036. [1][2]
- Annual indigent care
- $7,700,000
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The 2024/25 budget estimated $129.5 million available at the start of the year, revenue of $3.0 million and expenditures of $12.2 million, leaving $120.4 million. The vote was 5-0. [1]
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Sage (District money manager): Sage said there was a $330 thousand anticipated deficit through 2036 at the end of the June 2024 quarter, that liabilities were 99% funded with the updated budget estimates, and 98% funded if Public Health funding grows 3% a year. [1]
