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| 2008 Good to Knox County Health Department |
In these tough economic times, many are finding out how far they can stretch their dollars. In the case of the Knox County Board of Health, they have exceeded their expectations on how well they have managed their money coming in and going out. The Knox County Board of Health reviewed their finances Thursday night at their monthly board meeting.
The board reported that the revenue the Health Department took in in the fiscal year of 2008 was ten percent more than they had in 2007. The actual revenue for the fiscal year was about 14 percent less than their budgeted target of about $3.2 million. However, total expenditures for the year were only 91 percent of what was budgeted a total of about $3.1 million. Their fiscal year expenditures were far greater than the year prior due to the building addition project. Knox County Public Health administrator Greg Chance talked to the board about how that happened, and says the Health Department had to dip into reserve funds to pay some of their bills.
"We haven't received any Local Health Protection Grant money yet, so it's rather disappointing" Chance said. "The good news is because of (the Board of Health's) dilligence, over the last numer of years in creating that (cash) reserve, we have roughly three-months of reserves that we can live on without zero revenue. Hopefully Illinois will fix their issues."
Chance said the main reason for the dip into the reserves was because the State of Illinois is so far behind on all their bills, the Health Department isn't receiving their payments in order to pay for the services the Health Department renders for the state.
Other good news brought forth by Chance was that local property taxes represented only 22 percent of the total revenue. That, according to one visitor to the board meeting, said is money well spent. |
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| 12 11 08 by Newsroom |
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