NRMC on track to black

Published 12:02 am Tuesday, September 20, 2011

NATCHEZ — Natchez Regional Medical Center should be in the black by the end of the next fiscal year, and administrators plan to pay off the hospital’s debt in compliance with bankruptcy orders, Chief Financial Officer Charles Mock said Monday.

Mock delivered a report to the Adams County Board of Supervisors at their regular meeting, before board members voted unanimously to adopt the hospital’s budget.

“We will have enough profit to pay current vendors (in the 2011-2012 fiscal year) under bankruptcy (requirements) and have some money for capital improvements,” Mock said.

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NRMC budgeted revenues of $49.9 million and expenses of $48.2 million for the next fiscal year, according to a summary sheet distributed to supervisors.

Estimated revenues for the current fiscal year were $45.9 million and expenses were $44.3 million.

Actual revenues for the 2009-2010 fiscal year were $42.8 million and expenses were $42.9 million.

In addition to $1.69 million in net income from operations, NRMC will have $2.5 million in depreciation and amortizations to pay back vendors and for capital improvements.

Under a bankruptcy order, NRMC will pay $1.74 million to vendors.

The hospital will spend $1.1 million on equipment, most of which Mock said will be purchased in compliance with federal mandates.

NRMC should have $1.34 million in cash by the end of the fiscal year.

Mock said the hospital will be in compliance with a 24-month pay off by October 2012.

“(The supervisors would) like to commend staff and administration for doing a great job,” Board President Darryl Grennell said.

In other news from Monday’s meeting:

• After a brief closed session to discuss personnel, the board voted unanimously to terminate Adams County maintenance supervisor Allen Jones.

The board placed Jones on unpaid administrative leave prior to his December arrest since the Mississippi Attorney General’s office launched an investigation into his alleged embezzlement of an air conditioning unit from the county.

Jones, 53, 43 Kingston Road, pleaded nolo contendere or “no contest” to a charge of selling a $935 county-owned, 5-ton air-conditioning unit to Sunflower Baptist Church for $1,607.08 in August 2008.

Judge Lillie Blackmon Sanders ordered a non-adjudication of guilt and sentenced him Sept. 8 to pay restitution and be placed on one year of supervised probation.

• District 1 Supervisor Mike Lazarus said he would arrange a meeting between the Natchez-Adams Recreation Commission and the county’s financial advisor to look into possibilities of financing a bond for recreation.

“We need to get bond rating straight before we do anything,” Lazarus said.

District 2 Supervisor Henry Watts asked Lazarus if the supervisors were going to see if they could afford one third of the cost of building a recreation facility or the entire cost.

“I want to go by the interlocal agreement,” Watts said.

“Do you want to pay a third of building it and a third of operating it?” Lazarus posed to Watts.

Recreation commission chairman Tate Hobdy laid out the commission’s suggestions for funding the building and operations of a recreational facility at a meeting of all three tax-funded boards in April.

The commission suggested the county alone would fund the complex’s construction, the city would fund the bulk of its ongoing operations and the school district would provide school property and maintain the swimming pool.

• Grennell said the supervisors will be accepting nominations for school board members at its next meeting.

School board member Dale Steckler’s term expired in March, Grennell said.

• Ser Sesh ab-Heter C.M. Boxley spoke to the board about upcoming events in Natchez.

Boxley said the Oct. 1 event from 11 a.m. to 4 p.m. will offer the Black and Blue Civil War Living History Project, which will focus on the role black people in Mississippi and Louisiana played in the Civil War.

Ronald Davis, a history professor who runs the Natchez Courthouse Project, will be a guest speaker at the event, Boxley said.

• Residents now have an opportunity to view meetings of the board of supervisors or Natchez Board of Aldermen anytime on their computers.

Wesley Bruce, owner of Bruce Video Productions — the company that records and produces video of government meetings and other events, said at the meeting residents can now watch at www.brucetv.tv.