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Wednesday, 06 December 2006 |
The Pondera Medical Center board of trustees, with John Hauck, senior manager of Eide Bailly, recently reviewed the hospital’s financial statements and audit for the 2005-year ending Dec. 31, 2005.
The audit review with Hauck was done by speakerphone.
Hauck noted that the net assets for the end of year, 2005, were $3,901,554 compared to $3,435,910 for 2004, an increase of $465,644. The net assets at the beginning of the year were $3.345 million compared to $2.859 million in 2004.
Covered in this portion of the audit were non-operating revenue, which included $150,353 in bond payment funds from the county, up from $95,933 the year before, an intergovernmental transfer of $129,981, and levied funds from the county, $98,414, which was down from the $191,454 received in 2004.
Also reviewed were sections of patient and resident services, schedules of expenses, operational and financial highlights, some statistical highlights and the schedule of federal awards.
For the purposes of accounting, the PMC uses a proprietary fund method of accounting where revenues and expenses are recognized on the accrual basis using the economic resources measurement focus.
It was also noted that to fulfill its mission of community service, the PMC provides care to patients who meet certain criteria under its charity care policy without charge or at amounts less than its established rates.
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Wednesday, 06 December 2006 |
The sale of a strip of land, owned by the city, to Columbia Grain is still in limbo reported Mayor John Shevlin.
While it is not clear how it happened, for a number of years the Burlington Northern-Santa Fe railroad has been collecting lease payments from Columbia Grain for a small portion of land they would like to purchase, but can’t because the land actually belongs to the City of Conrad.
According to Mayor Shevlin, the railroad does not want to admit they are leasing city owned land to Columbia Grain. They admit to Columbia Grain they don’t own the land, but won’t to the city.
Lawyers for all parties concerned are working this out.
There was a meeting Tuesday evening in Shelby to see about the formation of an Interlocal between Pondera, Toole, Teton, Glacier, and Liberty counties to set up a Transportation District for public transportation.
“Grants and loans will make this work,” the mayor said. There will be a report at the next council meeting.
The first reading of a new ordinance concerning the JP/city judge position was read. The contract is not yet ready for signing. City and county officials will get together to fine-tune the final details.
A resolution, R-934, was passed concerning Richard Sanders Construction request to vacate a roadway in the Industrial Park.
The city will send out RFPs (Request for Proposals) to six companies for the purpose of doing the next city audit.
RFPs will be mailed out to Terry Burke, Denning, Downey and Associates (current auditor), Galusha, Higgins and Galusha (Havre), Hamilton Consulting (Havre), Hamilton Misfeldt and Company (Great Falls), and Junkermier, Clark, Campanella and Stevens (Great Falls).
City Supervisor Rick Anderson reported in part that alleys were plowed, the boiler at city hall had been worked on, street signs were replaced, curb stops were being worked on and communication from the water plant were improved after some bad connections were fixed.
Chief Gary Dent, in part, reported there were 156 calls for service in November, including 12 ambulance assists, six domestic situations, two thefts, four felony arrests and various assists.
The next regular city council meeting will be Dec. 18, 7:30 p.m. in city hall, 411 ½ S. Main St. |
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