The $844,176 dollar delta over last year is a bit deceiving as it is on top of the supplemental budget, not the original March 2015 budget. We were led to believe that this supplemental appropriation was a one time deal to get over the crisis of over estimated revenues.
From the BoS September 3rd meeting minutes: " Commissioner Christopher Ahlgren said that the problem is with the collections from the state of NH’s Medicaid. He further explained that the $2.6 million supplemental budget, only $1 million is towards the deficit replacement, which will occur this tax bill only. The $1.6 million is a revenue adjustment. He said that they expect the County’s tax rate next year will be lower. "
There does appear to be a huge shortfall in revenue for the nursing home of almost $4 million ( page 9 of the MVC proposed 2016 budget) with expenses of $14, 636,291 and anticipated revenue of just $10,700,000. Why such a gap?
I agree with Fred Van Magness who commented previously that there is no narrative or executive summary to help make sense of this. I expect that the Delegation will have many questions for the County Administrator and Finance Director come Monday at the public hearing.
Still early in the process, but based upon past history, I am not optimistic it will be smooth sailing.