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Story Archives: RMC adopts 2012-13 budget


RMC adopts 2012-13 budget
posted E-mail Story E-mail Story | Print Story Print Story 
Riverland Medical Center adopted its budget for the new fiscal year Oct. 2012-Sept. 2013 and projected a net income of $263,992.

Riverland Financial Advisor Rusty Eldridge of Silas Simmons projected net revenue at $15,872,871, with total expenses projected at $15,608,879.

The budget has net income predicted for nine months, with only October, November and February predicted as negative months.

Even better news is that the budget has only one month with a cash ending balance below $350,000 and that is February 2013 with $348,952.

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