HomeMy WebLinkAboutRes2019-107 Sponsored by: Meszaros
Public Hearing#1: November 25, 2019
Public Hearing#2: December 9, 2019
CITY OF SEWARD,ALASKA
RESOLUTION 2019-107
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, ADOPTING THE HEALTHCARE ENTERPRISE FUND
BIENNIAL OPERATING BUDGET FOR CALENDAR YEARS 2020 AND
2021
WHEREAS, the City Manager has submitted to the City Council a proposed biennial
budget for the City of Seward for Calendar Years 2020 and 2021; and
WHEREAS,the preliminary biennial budget was reviewed by the City Council in budget
work sessions on October 15, October 16, October 25 & November 8, 2019, which were
televised to the public; and
WHEREAS, a public hearing is scheduled on the proposed budget for November 25,
2019, and a second public hearing and final adoption is scheduled for December 9, 2019; and
WHEREAS, the 2020 and 2021 budgets include $500,000 for hospital capital
contributions necessary to replace major assets at the hospital and Seward Mountain Haven; and
WHEREAS, the 2020 also includes $100,000 for Seward Community Health Center
operating needs, with any unspent funds accruing to a newly-established health facility expansion
account to address the need for expansion for both the clinic and hospital.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF SEWARD,ALASKA,that:
Section 1. The Healthcare Enterprise Fund biennial budget for Calendar Years 2020 and
2021, which is attached hereto and made a part hereof by reference and which contains estimated
revenues and expenditures for the period January 1, 2020 - December 31, 2021, is hereby
adopted, and the necessary funds are hereby appropriated.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND APPROVED by the City Council of the City of Seward,Alaska, this 9th
day of December.
CITY OF SEWARD, ALASKA
RESOLUTION 2019-107
THE CITY OF SEWARD, ALASKA
C risty Terry May
AYES: Seese, Butts, McClure, Osenga, Terry
NOES: Baclaan, Lane
ABSENT: None
ABSTAIN: None
ATTEST:
Brenda J. Ballou, MC
City Clerk
(City Sea •
Atff'
u4Z
(. ( c.S ',t w 0
, es
ti. F.1
F
•�aaaaaasasa_
HOSPITAL ENTERPRISE FUND
Budgeted Statement of Revenues and Expenses
and Changes in Net Position
For 2020 and 202I
2018 2019 2020 2021
Actual* Budget Budget Budget
Operating Expenses:
Hospital capital infrastructure&equipment(a) 500,000 500,000 687,500 688,924
Hospital CT Scanner I,300,000 0 0 0
Community Health Center I b` 300,000 200,000 I00,000 0
Purchased services I5,300 0 0 0
Depreciation
238,133 I6I,293 I78,250 154,337
Total operating expenses $2,353,433 $861,293 $965,750 $843,261
Non-operating revenues(expense)
Investment Income 6,725 0 0 0
Debt service interest(c) (33,113) 33,I I3) (29,677) (26,0S9)
Capital equipment and other
Total non-operating revenue(expense) ($26,389) ($33,II3) ($29,677) ($26,059)
Earnings(loss)before transfers ($2,379,822) ($894,406) ($995,427) ($869,320)
Operating transfers from other funds(d) 1,136,752 1,262,500 I,358,7S0 I,371,500
Operating transfers to other funds(e) 0 (463,924` 150,000 1150,000`
Change in net position ($I,243,070) ($95,830) $2I3,323 $352,I80
(a) Providence Seward Medical&Care Center hospital,emergency room and long-term care facility capital budget.
(b) Seward Community Health Center operating budget request.
(c) Represents interfund loan payable to Motor Pool for Seward General Hospital pension loan.
Loan balance at I/I/2020 is$565,268. Loan matures 2026.
(d) Reflects one-quarter of all City sales tax;equal to I%sales tax(the City's total sales tax rate is 4%).
(e) In 2020/2021 reflects payment to SMH Fund to cover future bond payments due to past census shortfalls.
Does not tie to CAFR since City budgets Hospital and LTC separately,and does not budget for PSMCC operations.
The CAFR however,aggregates the City's hospital enterprise fund,LTC enterprise fund,and PSMCC financial statements
into one fund,since PSMCC operational surpluses or deficits accrue to taxpayers.
68
City of Seward
Healthcare Enterprise Fund
2020/2021 Biennial Operating Budget
Revenue Detail by Line Item
10/31/2019
2016 2017 2018 2019 2019 2020 2019-20 2021
tevenues Actual Actual Actual Actual YTD Budget Budget %Cho Budget
9100 5901 EF Investment Interest 849 5,554 6,725 28,397 0 0 9100 5940 Amort.of CIA-General 1,875 1,875 1,875 1,563 1,875 1,875 0.00 1,875
otal Revenues $ 2,724 $ 7,429 $ 8,600 $ 29,960 $ 1,875 $ 1,875 $ 0.00 $ 1,875
69
City of Seward
Healthcare Enterprise Fund
2020/2021 Biennial Operating Budget
Expenditure Line Item by Fund
2016 2017 2018 2019 2019 2020 2019-20 2021
Personnel Costs: Actual Actual Actual Thru 9/30 Budget Budget %Cho Bud et
Non-Personnel Costs:
7009 Contracted Services 0 0 0 705 0 0 0.00 0
7809 Pass-Thru Payments 700,000 1,100,000 2,115,000 691,667 700,000 787,500 12.50 687,500
7810 Miscellaneous Expense 0 0 300 4,104 0 0 0.00 0
7900 Depreciation Expense 326,095 305,108 238,133 169,535 161,293 178,250 10.51 178,250
8012 Debt Service Interest Expense 39,481 36,379 33,113 0 33,113 29,677 (10.38) 26,059
8300 Debt Service Principal 352,343 59,095 62,198 65,463 65,463 68,900 5.25 72,517
Total Non-Personnel Costs: $ 1,417,919 $ 1,500,582 $2,448,744 $ 931,474 $ 959,869 $ 1,064,327 $ 10.88 $ 964,326
Total Expenditures $ 1,417,919 $ 1,500,582 $2,448,744 $ 931,474 $ 959,869 $ 1,064,327 $ 10.88 $ 964,326
70
O O
o o r�
v -0 r
m m
N V) 0 H N p
rn ro
N N
fl1 n n
-6.
rt , F
-n O -
O CD �.
O O
O O
lf7
(D
(n N (N N
� �
v v
rt rt
(D (D N
O
N
O =
cu O
r t rt r co 0' Q
I-� cu F-' N N
In. O v in o D
-P� 4 F, =3 cn v, i-% m
LD (o \ n m m \ n m
0) M N ro Ln (n No (DZ O
w w N N m Ln
rn m rn rn '+ �o m
00 00 00 00 N
(D
0 m p
N C
z
n n
(Dp
v v �.
( ).
NJfV 0000 0000 Q
Ul Ui LD l0
O O
O O N
O O
D O
1+ m t/> rrt 0o
N fV CDC N fv CDC
Ol m (p Q
O O Ln Ol Ol rt 00
(n to
f0
LD l0 rt v J rt
O O
lD l0 v LD l0 v
00 00 — 00 00
U7 Ln Ln Ln
v v V -I
01 Ol of 0)
OJ pi
r* r+
FA 00 w
{A N N �} N N
\ 0J \ 0J
W W 7
N N n a) 0)
\ F'
W W n
(D \ (D
00 00 N W W N
Ln Ln F' al Ol O
F' 00 00
N N
O O
O O
O O
N N
Ql Ol
71
CITY OF SEWARD
HOSPITAL DEBT SERVICE FUND
Budgeted Interfund Transfers
Fiscal Year 2020 and 2021
2020 2021
Transfers- Transfers- Transfers- Transfers-
In Out In Out
From General Fund--sales tax devoted to healthcare 1,358,750 1,371,500
To Seward Mountain Haven--for bond debt(a) 150,000 150,000
$1,358,750 $150,000 $1,371,500 $150,000
(a) To make up for prior shortfalls in census resulting in less-than-anticipated funding for future bond payments.
72