The Moore County Hospital District Board of Directors will be holding a meeting open to the public to discuss the proposed 2024/2025 Tax Rate on Wednesday, September the 11th at 8:00am in the Boardroom of the hospital located at 224 E 2nd St, Dumas, TX 79029.
At the Board of Directors meeting on August 28th, the MCHD Board discussed the annual setting of the tax rate. During discussion, the Board took into consideration the $2,941,317.00 increase in uncompensated care from prior year, which totaled $15,594,528.00. This was the main factor behind the decision to propose that the current rate of 0.228680/$100 be raised to 0.240911/$100.
The decision was based on the following information:
- If the District kept the tax rate the same as prior year (0.228680) = Would result in a deficit of $475,000
- If the District set the tax rate at the "Effective Rate" (0.222765) = Would result in a deficit of $661,835
- If the District set the tax rate at the "Rollback Rate (0.240911) = Would result in a deficit of $88,663
Taxes received by MCHD offset the amount of uncompensated care the District receives each year.
