(Spirit Lake)– The board of trustees of Lakes Regional Healthcare has adopted a budget for the fiscal year beginning July 1st, 2008.
The budget estimates operating revenue of 26.2 million dollars; operating expenses of 25.9 million; net operating income of 325,930-dollars; non-operating revenue of nearly 1.2 million and excess of revenues over expenses of slightly more than 1.5 million.
The capital plan includes 1.7 million id expenditures to include a new ambulance and advancements to the hospital’s information technology system, surgical equipment, and radiology capabilities.
