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The Goderich Signal-Star, 2009-08-05, Page 3Photo by Dominique Milburn Glad Days Epilepsy Huron - Perth hosted its annual Gladiola sale campaign in Goderich July 30 and 31. Left, Volunteer Diane DeWinte.r helps Goderich residents Jody and Will Newcastle bag up their purchase in front of Zehrs on Friday. Hospital remains close to advance budgeting plans Dominique Milburn signal -star. staff Though the Alexandra Marine and General Hospital (AMGH) submitted a balanced budget for the 2008/2009 op- erating year ending April 31, 2009, the books have shown a slight spot of red. The AMGH closed dts last operat- ing year with a deficit of $60,000 - a miniscule figure according to CEO Bill Thibert. So small, in fact, that in the eyes of the South West Local Health Integration Network (LHIN), AMGHs books are balanced. "When you break it down, it's around 0.2 per cent," Thibert said. Hospitals are required by the Min- istry of Health and Long Term Care (MOHLTC) to operate with balanced budgets. In •February of this year, the AMGH Board of Directors submitted a balanced budget plan for its current 2009/2010 operating year- nearly 14 months in advance. Thibert said that these balanced submissions present a small challenge to hospital manage- ment. "For 2009/2010, we've signed off on a balanced budget, and we're now just beginning to evaluate the results for that," Thibert said. "We feel reasonably confident that we will complete the 2009/2010 year in a balanced financial position." When a hospital reports a deficit, the CONGRATULATIONS Bentley Accounting would like to announce the retirement of Jim and Jan Bentley after 40 years from their second generation accounting practice established over 60 years ago by Roy N. Bentley. V N • GOOD LUCK Good tuck to Ryan J. Shelton of RJS Accounting who has moved his accounting practice to the former location of Bentley Accounting at 5 Britannia Rd. West, GODERICH, ON} facility is responsible. to absorb that cost from its own capital funding dol- lars. Thibert added that in 2008/2009, AMGH handled its finances well. The small deficit came as a result of a re- duction in projected revenues. "When looking at financial state- ments and the handling of our expens- es, we did quite well- even slightly under budget on salaries, and benefit costs," he said. "The [deficit came as a result of] a drop in our semi -private and private recoveries, and some of our OHIP recoveries revenue. Our overall revenue was down over $250,000. The main reason hospital encountered this deficit was that we didn't get the rev- enues that we anticipated." Of AMGHs $21 million operat- ing budget last year, $15 million of that came directly from MOHLTC funding. A general understanding be- tween the SW LHIN and the facilities it oversees is said to be that if a hos- pital comes within one per cent of its total MOHLTC funding allocation, it's books are -deemed balanced. In the case of AMGH, one per cent is $150,000. "There is no concern within the LHIN or hospital. When doing our audit, we knew we were close to balance, this is the number that resulted," Thibert said. "Because we're within the one per cent, we deem ourselves for all intensive purposes, to be balanced." LUBE - OIL - FILTER All Gas Powered Cars and Light Trucks X3300 Plus Tax Includes: EHE (Environmental handling charge), up to 5L of oil, Fluid Top Ups, Exterior Car Wash. No Disposal Fees. Shuttle Service, McGEE Motors Ltd. Your Full Line GM Dealer • 180 Suncoast Drive E. 519-524-8391 Goderich Signal -Star, Wednesdgy, August 5, 2009 - Page A3 Great cars. Great Rates. Ask about our great daily, weekly and monthly rates! CaII or visit us today! Highway 21 south of Goderich at Hyundai of Goderich. 519-524-1795 Wasailluir I III II iCarRenta/ A Licensee of Dollar Thrifty Automotive Group, Inc. or its Affiliate. Mainstage 1 and 11 Fri., Sat., Sun., August 7, Lions Harbour Park MAINSTAGE 1 MAINSTAGE 11 Friday Saturday Sunday 5:00 Cooper and Nelson Kincardine SFO Rendell and Miller 5:45 Patrick Ourceau Blackbird Grainne Hambly 6:30 Opening Huron Harp Ensemble Mandolore Oliver's Legacy 7:15 . Andre and Martine The RIG Finola and Friends 8:00 Scumalash Kieran Goss Shane Cook 8:45 Emory Lester Set Mary Jane Lamond, Wendy Maclsaac Brian McNeill 9:30 Matt and Shannon Heaton Tanglefoot Grand Fiddle Frenzy 10:15 Bua The Outside Track Closing Ceremonies 11:00 Paddy Keenan De Temps Antan Tanglefoot - MAINSTAGE 11 Friday. Satulday ; - Sunday 12:00 Celtic College and Celtic Kids Day Camp e Scumelash Islanders 12:46', Patrick Ourceau De Temps Antan 1:30 Shane, Cook Huron Harp Ensemble 2:15 Grainne Hambl'y Rendell and Miller . 3:00 The -RIG The Outside Track 3:45 Blackbird Paddy Keenan 4:30 Oliver'snt.,egacy Matt and Shannon Heaton Mandolore 5:15 Flryola and Friends ' Emory Lester.Set ;.,,: • ' -.Y ,Mar,Jana Lomond and Wendy Mclsaac 6:00 Coo '� pi`l'''i�ielst�n : ' ,Bua s ti r► Giles 6:45 Brian McNeill - Back 0' The North Wind Brian McNeill -- Back ,p' --'. -' The North Wind Tanglefoot -