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Maverick County Hospital District informs Of omission of important budget numbers

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A.D. Ibarra

-Eagle Pass

 

In a recent exclusive interview with CEO of the Maverick County Hospital District, Elcira Bares, the administrator informed The News Gram of an oversight in recent reports stemming from their latest financial data in their 'Statement of Revenues and Expenditures for the Month of September 2013'. The document lists operating revenues, all expenses of the district, then non-operating revenues, the latter of which has been omitted in a recent report outlining the finances of the MCHD. "All expenses of the district are considered operating expenses," stated Bares, "The report in particular is omitting non-operating revenues in the Operating Gains (Losses) column."

This can indicate a much different bottom line which may be misleading to the average person who may wish to see this report in its entirety as the board works to be as transparent as possible in this day and age of accountability. The article in question is on the internet and shows figures which are significantly off in terms of monies remaining in some of the organizations most important programs such as indigent care and the Ryan White Program. "These non-operating revenues are composed of non-income grants," concluded the CEO, "Investment income taxes collected and any contribution expenses applied by the board on FY Budget 2014." These figures need to be taken into consideration in order to show accurate numbers in terms of surpluses and overages which can lead the public to perceive wrongly the finances of the taxing entity which has the lowest rate in the county at .07 cents to every $100 of value. A figure which was reduced just a couple of years ago from .09 cents. This is another reason why board members should be patient about the amount of income seen in tax collections in the month of September as the tax cycle begins in October and runs through April.

 

 

 

Last modified on Wednesday, 30 October 2013 23:29

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