Petersburg Pilot -

The Petersburg Medical Center Board of Directors approved the hospital's 2022 fiscal year operating budget and capital budget at their meeting on June 24.

The operating budget pairs a $19,740,872 in total operating revenue, with $19,930,780 in total expenses for the 2022 fiscal year. Income is facing a loss in operations of $189,908, but with income from investments, PMC has a positive bottom line of $55,439 for the new fiscal year. Cynthia Brandt, a financial consultant for PMC, called the operating budget a "break even" budget.

Revenue in the operating budget accounts for a 10 percent increa...