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A 24-460

a. Authorize the Auditor-Controller to complete the transfer of funds from Natividad Medical Center's (NMC) Enterprise Fund NMC00l-451-9600-8142 to the Capital Reserve Fund NMC002-404-9600-8142 in the amount of $117,090,572 for major capital projects and equipment, which includes a hospital information technology system conversion; and b. Authorize the Auditor-Controller to complete the transfer of fund from NMC’s Enterprise Fund NMC001-451-9600-8142 to NMC Strategic Reserve Fund 3111, in the amount of $8,500,000, to increase reserve funds available for NMC’s working capital for 30 days.

BoS Agreement Passed Introduced September 24, 2024
Committee
Board of Supervisors
Requested by
Natividad Medical Center
Introduced
September 24, 2024
On agenda
October 8, 2024
Passed
October 8, 2024

Where it was heard

Board of Supervisors Oct 8, 2024 approved Pass