Saturday, January 12, 2008

Mr Sullivan - Part 4 (audio)

Mr Sullivan discusses the accounting for the Medicaid reimbursement which even after the transfer of some expenses to other accounts still has a deficit. He summarizes the total deficit as

Attrition impact - $200,000
Medicaid double posting - $300,000
Athletics revenue deficit - $150,000
Insurance deficit - $195,000
Tuition deficit - $671,898
Total - $1,516,898

Appropriation surplus - ($662,296)

Final deficit - $854,602


This section includes questions and comments with Bartlett, Feeley, Nutting, and Susan Gagner - Town Comptroller.

Time: 6 minutes, 15 seconds



MP3 File

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