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Quinte Health Care ended the last fiscal year with a small surplus and officials are now predicting balanced operating and capital budgets for the current year.
Treasurer John Kearns delivered upbeat reports during Tuesday’s online board meeting.
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“The bottom line is that with one-time funding we are going forward with a balanced operating plan for the coming year,” said Kearns, who chairs the board’s audit and resources committee.
Board members voted unanimously to adopt the 2021-2022 fiscal year’s operating and capital plans. The operating budget totals $254 million, the capital one $10.7 million.
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