Medical Center board passes $16.7 million budget
July 4, 2019
The Petersburg Medical Center Board of Directors passed the hospital's 2020 fiscal year budget at their board meeting last week.
The balanced budget anticipates $16,695,000 in both total revenue and total expenses for the new fiscal year that began on July 1. A preliminary budget was approved by the board in March, and several changes have been made to the budget since then, according to PMC Controller Rocio Tejera.
The amount of money budgeted for employee wages was increased since salaries were always over budget in the past, said Tejera. The 2020 fiscal year budget allocates $8.5 millio...