Winneshiek Medical Center approves $88 million budget

Winneshiek Medical Center's Board of Trustees has unanimously approved a 2013-2014 budget which projects $88 million in revenues.  After write-offs and adjustments, that figure will be reduced to $56 million dollar.

The budget for next year represents an 11.6 percent increase in revenues.  The hospital expects to bring in $56.2 million dollars this year.  This year's revenues were $50.5 million, which was a 7.6 percent increase from 2012.

Property tax rates will not change under the budget.  Winneshiek County taxpayers will contribute $448,000 to the hospital.

At a public hearing on the budget on Monday there were a few questions, but no comments on the b udget.