(Spirit Lake)– Trustees of Lakes Regional Healthcare have approved the hospital’s property tax rate for the upcoming fiscal year. CEO Jason Harrington says the rate it will remain at the current level of 48 cents per $1,000 of valuation…
Harrington adds it’s the second lowest tax rate in Iowa among county-funded hospitals, with LRH ranking 42nd out of 44 facilities…
Harrington adds LRH will continue to be able to offer the same high quality level of care with the tax rate remaining the same, even though they continue to experience challenges with increased expenses and low reimbursement rates…
Of the 48 cents per $1,000 in valuation, Harrington says 27 cents goes toward ambulance operations with the remaining 21 cents per thousand going toward general hospital operations.
