PMC board passes tight operating budget
July 2, 2020
The Petersburg Medical Center Board of Directors approved the hospital's fiscal year 2021 operating budget last Thursday that has a bottom line of $24,592.
"We have come up with a very conservative, break even budget," said PMC Controller Rocio Tejera.
PMC is expecting the hospital's total operating revenue to be $18,865,470 in the upcoming fiscal year, though that number will likely change as the year progresses. The budget also recognizes $3.8 million in government relief under operating revenue. Government relief could come in the form of grants and loans from the state and federal gove...