The Sunrise Regional Health Authority has approved a balanced operating budget for the 2016-17 fiscal year.
The budget consists of revenues totaling over 225 million dollars, and total budgeted operating expenditures of over 223 million dollars.
Just over 2 million will be held for replacement reserves and repayment of mortgages and loans.
90% of the health region’s total operating revenue is provincially funded.
The remaining revenue will come from long term care and home care fees, third party charges, and other miscellaneous recoveries.
The health region will reduce non-salary expenditures, adjust revenue, utilize deferred funding and will not allocate inflationary funding in order to balance this years budget.