Budget

Proposed Budget

CROOK COUNTY MEDICAL SERVICES DISTRICT

  Budget Hearing Information

713 OAK ST Location: SUNDANCE STATE BANK MEETING ROOM

SUNDANCE, WY 82729 Date: 6/26/2023

307-283-3501 Time: 11:30 AM

Crook County   Budget Prepared by: Zoe Elyada, GL Accountant

BUDGET MESSAGE

The assumptions used for the FY 2025 Draft budget are as follows:

a) The charge master was reviewed for 2023-2024 and a 7% increase was applied. CCMSD is expecting to see the results of that increase in the current fiscal year. The new Chronic Care Management department will be operating as a separate entity and is expected to slowly build growth in patient billing and services.

b) CCMSD has completed the implementation of the new EMR/EHR Cerner CommunityWorks and will see more accurate billings with some increased revenue with improved charge capture.

c) Contractual Allowances are based on our current discount experience with a 1% increase.

d) Wages are based on staffing needs provided by department managers. The budget assumes fully staffed departments with an elimination of most of the contract labor positions.

e) FICA, Work Comp and SUTA are based on current rates. Employee benefits were again increased by the historical renewal amount of 5%.

f) Repairs and Maintenance and several capital purchases are planned for the 2024-2025 year to increase patient safety and services use.

g) CCMSD is requesting to continue the 3-mill levy for FY 2025 and reported amounts based on updated county estimates.

  Date of End Does the district have regular office hours exceeding 20 hours per week?  

Names of Board Members of Term Yes

MARK ERICKSON 11/01/2024 If Yes, enter

SANDY NEIMAN 11/01/2026 Address of office: 713 OAK ST

BRENT FOWLER 11/01/2026 City, State, Zip: SUNDANCE, WY 82729

Robert N. Hibbard 11/01/2024 Phone Number: 307-283-3501

Hours Open: 24/7

Where are the minutes of your board meeting available for public review?

CCMSD.ORG

How and where are the notices of meeting posted for the public?

CCMSD.ORG

Where are the public meetings held?

SUNDANCE STATE BANK MEETING ROOM

PROPOSED BUDGET SUMMARY

OVERVIEW 2022-2023 Actual 2023-2024 Estimated 2024-2025 Proposed Pending Approval

Total Budgeted Expenditures $13,821,240 $13,851,755 $16,773,288 $16,773,288

Total Principal to Pay on Debt $42,177 $191,801 $111,576 $111,576

Total Change to Restricted Funds $0 $0 $0 $0

Total General Fund and Forecasted Revenues Available $18,973,529 $23,465,516 $22,219,375 $22,219,375

Amount requested from County Commissioners $915,873 $982,147 $1,000,000 $1,000,000

  Additional

Funding Needed :       $0 $0

REVENUE SUMMARY 2022-2023 Actual 2023-2024 Estimated 2024-2025 Proposed Pending Approval

Operating Revenues $15,325,216 $17,523,999 $19,528,010 $19,528,010

Tax levy (From the County Treasurer) $1,054,746 $982,147 $1,000,000 $1,000,000

Government Support $0 $0 $0 $0

Grants $709,040 $40,000 $40,000 $40,000

Other County Support (Not from Co. Treas.) $0 $0 $0 $0

Miscellaneous $82,921 $93,291 $83,632 $83,632

Other Forecasted Revenue $0 $0 $0 $0

Total Revenue       $17,171,923 $18,639,437 $19,651,642 19,651,642

FY 7/1/22-6/30/23 Crook County Medical Services District

EXPENDITURE SUMMARY 2022-2023 Actual 2023-2024 Estimated 2024-2025 Proposed Pending Approval

Capital Outlay $285,088 $742,590 $563,000 $563,000

Interest and Fees On Debt $19,749 $19,500 $8,508 $8,508

Administration $1,298,043 $1,345,622 $1,250,465 $1,250,465

Operations $11,259,947 $10,189,688 $12,225,331 $12,225,331

Indirect Costs $1,263,249 $1,544,355 $1,675,444 $1,675,444

Expenditures paid by Reserves $0 $0 $0 $0

Total Expenditures       $14,126,076 $13,851,755 $15,722,748 $15,722,748

DEBT SUMMARY 2022-2023 Actual 2023-2024 Estimated 2024-2025 Proposed Pending Approval

Principal Paid on Debt $42,177 $191,801 $111,576 $111,576

CASH AND INVESTMENTS 2022-2023 Actual 2023-2024 Estimated 2024-2025 Proposed Pending Approval

TOTAL GENERAL FUNDS $4,148,929 $4,826,079 $3,303,592 $3,303,592

Summary of Reserve Funds

Beginning Balance in Reserve Accounts

a. Sinking and Debt Service Funds $0 $0 $0 $0

b. Reserves $852,787 $798,693 $562,103 $562,103

c. Bond Funds $0 $0 $0 $0

Total Reserves (a+b+c) $241,581 $798,693 $562,103 $562,103

Amount to be added

a. Sinking and Debt Service Funds $0 $0 $0 $0

b. Reserves $0 $0 $0 $0

c. Bond Funds $0 $0 $0 $0

Total to be added (a+b+c) $0 $0 $0 $0

Subtotal $852,787 $798,693 $562,103 $562,103

Less Total to be spent $0 $0 $0 $0

TOTAL RESERVES AT END OF FISCAL YEAR $852,787 $798,693 $562,103 $562,103

                  End of Summary

DISTRICT ADDRESS: 713 OAK ST PREPARED BY: Zoe Elyada, GL Accountant

SUNDANCE, WY 82729

DISTRICT PHONE: 307-283-3501

Prepared in compliance with the Uniform Municipal Fiscal Procedures Act (W.S. 16-12-401 et seq.) as it applies.

Publish: June 20, 2024