BCR-08-21-2014

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Serving Bureau County Since 1847

Thursday, August 21, 2014

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PMH is financially stable City-owned hospital loses $1.3 million By Lyle Ganther lganther@bcrnews.com

PRINCETON — Although Perry Memorial Hospital lost $1.3 million last year, the city-owned hospital remains financially stable.

Conger said in the PMH’s annual report to the community, “The long-term, financial strength of the hospital has been retained because of good financial planning and a conservative approach to operations.” Conger also indicated that the implementation of the Affordable Care

That was the message the Princeton City Council heard at its meeting Monday from Rex Conger, PMH’s president and chief executive officer, and Mike Harrell, the hospital’s interim chief financial officer.

Act at the same time the nation’s economy was still recovering from the “Great Recession” was a financial challenge for hospitals like PMH. “Thankfully, Perry saw the problem coming and stopped further construction and renovation at the end of 2009,” added Conger. “For the last

four years, we have been watching the changes take place and avoiding as much expense as possible. We have stopped providing services that had grown smaller, and that we could no longer financially support — with what we were being paid.” He reported the closure of the hospital’s OB

Department and Perry Home Medical as the largest impact of closures during the past fiscal year. “Healthcare providers struggling in the current healthcare environment is not uncommon,” Conger said, citing the building of new hospitals in Kewanee

PMH Page 3

Spring Valley amends code for possible medical marijuana site By Goldie Currie gcurrie@bcrnews.com

SPRING VALLEY — The Spring Valley City Council has approved an amendment to the city’s land development code to meet the requirements needed for a medical marijuana cultivation facility. At Monday’s meeting, the council went along with the recommendation to amend the code as provided by the planning commission, which met on Aug. 6. The city will now be able to submit an application to endorse becoming a possible site for a cultivation facility. According to the plan commission meeting minutes, Plan Commission Chairman George Forsa questioned why the ordinance did not also include granting special uses for cannabis dispensaries. In turn, Spring Valley City Attorney Jim Andreoni explained the only inquiries the city had received at the present time were regarding cultivation facilities. Forsa recommended the city look into the possibility of further amending the land development code to allow dispensaries as special uses in certain commercial districts. At Monday’s council meeting, Alderman Dave Pellegrini asked Economic Development Director Debb Ladgenski about the interest in the cannabis dispensaries. She confirmed a pharmaceutical company had contacted her looking for both a cannabis cultivation and dispensary site.

Code Page 2 Year 168 No. 100 One Section - 28 Pages

98213 00012 1 © Bureau County Republican 7

BCR photo/Donna Barker

Ready, set, county fair time!! North American Midway carnival worker Tigger Austin spends part of Wednesday morning inflating game prizes for the 159th annual Bureau County Fair in Princeton, which began Wednesday and continues through Sunday. In addition to enjoying the full Midway Carnival with its games, rides and food stands, visitors to the annual fair can view the numerous entries in the fine arts buildings, livestock and animal shows, and evening grandstand shows, including tonight’s Beach Boys concert and Friday’s extreme bull riding show. There will also be several free shows throughout the five-day fair as well as free entertainment at the hospitality tent.

Park District approves multi-million dollar budget By Donna Barker dbarker@bcrnews.com

PRINCETON — The Princeton Park District is looking financially secure for the moment, but there’s always a concern for the future, according to executive director Elaine Russell. At Monday’s meeting, the Princeton Park Board approved its 201415 fiscal year budget which shows estimated revenue of about $3.1 million, including beginning cash-

on-hand from the 2013-14 fiscal year. Total estimated expenses are projected at $3 million. The 2014-15 budget includes the purchase of a new park truck, continued repair of the Metro Center parking lot, a new air conditioning unit for the main level of the Metro Center, electronic upgrade to the ventilation system in the Metro Center pool, and various other park and facility maintenance. On Tuesday, Russell said the park district has a relatively

simple routine when it comes to building and living within a yearly budget. She has a group of fellow employees who felt the impact of the financial downturn in 2008 and has worked with her and the board to create a revenue/expense system that has worked well for the district, the executive director said. “What I always strive for when working on the budget is financial security. Can I confidently say the park district has financial security? Yes, for the moment,” Russell

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said. “Am I concerned about our future? Of course, we all should be concerned about our future because we have no idea what might present itself that could be extremely costly and not in the budget. Am I pleased (with the new budget)? Extremely.” In other business at Monday’s meeting, Russell reviewed the Alexander Park outdoor swimming pool financials for the current season.

Budget Page 4

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