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The Monroe County Reporter
Forsyth, Georgia
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April 4, 2018     The Monroe County Reporter
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April 4, 2018
 

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Page 2A April 4, 2018 RepOrter MONROE COUNTY HOSPITAL Monroe County Hospi- tars auditor said last week that despite a better per- formance in 2016-17, the facility still faces financial. difficulty and recurring losses, The hospital's 'auditing firm of Draffm & Tucker of Albany released its audit of the 2016-17 fiscal year last week, noting that the facil- ity 10st $827,000 during the year. That was much better than the $2.5 million it lost in 2015-16. "We're moving in the right direction for sure" said Authority chairman Todd Tolbert. Revenues were up from $7.8 million to $8.8 mil- lion, while expenses were cut from $10.4 million to $9.6 million. Actual patient charges would have been $20 million, but the hospital continued to forego huge amounts of revenue, $11 ,miUion of it, that it cannot collect from patients due to Medicare or insurance agreements that reduce charges. Perhaps most troubling, the hospital took on new debt after taxpayers ap- proved a non-binding referendum to dedicate one mill of property taxes to shore up the hospital. Last year, the hospital reported $486,000 in long-term debt, and now it reports $10.4 million in long-term debt, that must be paid off by 2042, including $5.6 million in interest. Bor- rowing the money means the hospital now has $3.3 million in the bank plus an- other $4 million for capital expenditures, as opposed to just $309,000 of cash on hand last year. The audit mentions that the hospital is now being managed by Navicent and has a plan for renovations and for more taxpayer funding to shore" up the rough fiscal picture. But the auditor seems uncon- vinced. "The hospital is fac- ing financial difficulty and recurring operating losses" said the audit. "The hospital has become fis- cally dependent on Monroe Cotmty. Management has outlined a plan to improve the financial position. Our opinion is not modified with respect to this matter." The Authority also released its updated 2018 fiscal year finances last Tuesday. In February; MCH posted a loss of just over $9,000, but once non- operating income, includ- ing a $100,000 monthly supplement from county taxpayers is faaored in, the hospital posted a gain of just over $143,000 for February. For the first five months of the 2018 fiscal year. (which began Oct. 1, 2017), MCH has recorded an operating loss of just over $189,000, but thanks to non-operating income, including $500,000 in county supplements, the hospital's total gain is a positive $638,000. Without the county's $1.2 million tax supplement in 2017, at the same time last year, the hospital was in the hole over $415,000. After an hour-long presentation, the authority voted 4-0 to approve the 2017 audit. Three Author- ity members, Larry Burne:g Henry Davis and Phillip English, were absent from the March 27 meeting. FORSYTH CITY COUNCIL By Diane Glidewell council members may live anywhere serve on council. The council mem- news@mymcr.net in the city limits, and all six council ber must have no financial conflicts members serve all residents of the of interest that would affect serving as Forsyth will hold a special election city, unlike county commissioners, a council member. on Tuesday, May 22 to fill the Post 1 other than the chairman, and school Early voting for the special election council.seat left vacant by the death board members who are elected by for Post 1 will be held Monday, April of council member Dexter King. To the residents of a specific district. 30-Friday, May 18 from 8:30 a.m.- become a candidate for Post 1, an The person elected to fill the re- 4:30 p.m. on weekdays at the Monroe individual must qualify at the Board mainder of Dexter King's term will County Board of Elections & Regis- of Elections & Registration Office serve through Dec. 31, 2019. Council tration, 38 W. Main St Forsyth. Polls on the ground floor of the Monroe members and the mayor are all elect- will be open from 7 a.m.-7 p:m. on County Administration Building ed for four year terms. The city has no Election Day, May 22. Anyone who during office hours between 8:30 a.m. term limits, however. According to wishes to vote in the special elections on Monday, April 16 and 12 noon- the city charter, to be eligible to hold must register to vote by the close of on Wednesday, April 18 and pay a the office, a person must be at least 21 business on Tuesday, April 24. qualifying fee of $301.35, which is 3 .years old. and must have been a resi- County and state elections will also percent of the annual remuneration dent of the city for 12 months prior be held on May 22, but voting will for serving on Forsyth city council, to the date of election. The person kept separate for the city dection; Post 1 serves the entire city of must continue to live in the city and anyone voting in both elections will Forsyth. The six council posts do not be :egisteredand qualified to vote in cast two ballots. Locally two school reflect any geographic separations; municipal elections to be qualified to board races are contested. :BuildTo Suit. Large Yards Great Schools Country Living Creekside offers private Lots 5 miles from Downtown! P.O.R,tc, t aT *t P.O,B, to~ 35-A-t t.J15 Ac. 2.J~ Ao, Ra~eea O, ?4~r~a @ 55 lots for sale, 1 to 5.5 acres Larger Lots on Tobesotkee Creek Protective Covenants Paved roads Underground Utilities Protective Covenants Ingram Properties will build ) our plans or offer many craftsman plans .Located 5 miles South of Forsyth 14 miles from Zebulon Road 10 miles from Bolingbroke, GA 478-475-6916 6 East Johnston St. Forsyth, GA 31029 gramEntities.com 41