Hospital board looks at alternatives to raising taxes

KDBC
Monday, July 28, 2014 - 11:36pm

After four hours of talks, the El Paso County Hospital District Board may decide not to raise taxes after all.

Last week University Medical Center announced layoffs affecting 56 employees, while facing a $60 million deficit.

They blamed it on non-payment for services from the El Paso Children's Hospital. Today was the first of their budget meetings. Now they're hoping to balance the budget without having to raise taxes.

jim valenti, umc pres.
"We're doing our best to try and look at no tax increase, and then coupled with trying to assist, continue our assistance with the Children's Hospital and helping them, and then also to make sure it's not detrimental to UMC's operation.

The finance committee will meet Thursday for more talks. Then the board will come together again next week. The board is also seeking a $25 million dollar line of credit for this budget year and the next budget year.

They'll need to get that approval from county commissioners.

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