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HomeMy WebLinkAbout11-05-03 MINUTES OF THE DOWNEY HOSPITAL COMMISSION REGULAR MEETING NOVEMBER 5, 2003 I. CALL TO ORDER The Downey City Hospital Commission Regular Meeting was called to order at 5:03 p.m., November 5, 2003, in the 2nd Floor Training Room of Downey City Hall. II. ROLL CALL Present: Harold Tseklenis, Chairperson Chuck Hutchinson, Vice- Chairperson Sharisse Molyneaux Dwight Simpson Jerry Silby Nikki Utermohlen Mark Vasquez Absent: Diane Boggs (excused) Russ Persion Julie Simpson (excused) Also Present: Lee Powell, Assistant City Manager Kathleen L. Midstokke, City Clerk/Secretary Chairman Tseklenis distributed copies of a newspaper story from the Los Angeles Times dated October 17, 2003, regarding the financial troubles of Santa Paula Memorial Hospital. III. APPROVAL OF MINUTES: August 6, 2003 It was moved by Vice-Chairman Hutchinson seconded by Commissioner Silby and unanimously carried (7/0), to approve the Minutes of August 6, 2003. Chairman Tseklenis mentioned the Organizational Chart of Downey Regional Medical Center, Inc. that had been prepared by Assistant City Manager Powell and was distributed to the Commissioners. He noted that of the 28 members of the hospital Board of Directors, 11 of those same members are also the Board of Directors for Downey Regional Medical Center, Inc. IV. DOCUMENTS SUBJECT TO REVIEW A. IRS Tax Returns for Downey Regional Medical Center, Inc. for the years ending June 30, 2000; June 30, 2001; and June 30, 2002. City Hospital Comm. Minutes 11-05-03 1 Commissioner Simpson noted that these are the tax returns for DRMCI, which is the parent organization reporting as a tax exempt organization, which runs the hospital. Commissioner Silby questioned an entry for 2001 and 2002 on Section 4, line 50, Statement No. 5, in 2001 they list Alan Kornoff as borrower for payroll taxes receivable for $185,000. In 2002 it looks like the money got paid back. He inquired as to what a “payroll tax receivable” was. It was mentioned that this might have been for Mr. Kornoff’s personal income tax due to having a tax liability from a deferred compensation program. Mr. Simpson stated that this Commission’s responsibility is to oversee the Hospital Foundation's performance in regards to the Lease with the City of Downey and inquired whether the Hospital is in compliance with the Lease. The response was that technically they are not in compliance because of their assets vs. liability ratio. Chairman Tseklenis noted the decline in revenues for these tax years, going from $2.8 Million in 1999 to $1.2 Million in 2000 to minus $2.4 Million in 2001. Vice-Chairman Hutchinson noted that they are having another Ball fundraiser for the Memorial Trust Fund and they have been losing money on these for several years now. Chairman Tseklenis mentioned that he had to go to the hospital last weekend on an emergency basis and he received excellent care. receive and file the documents There being no further comments, it was so ordered to . V. ORAL COMMUNICATIONS - No one came forward to speak. Chairman Tseklenis noted that the next regular meeting will be the 1st Wednesday in February, 2004 and that the annual election of officers will take place at that time. Commissioner Utermohlen mentioned that she had looked on the City’s web site and could not find that the meetings of the City Hospital Commission are not on any calendar anywhere and she was specifically looking for the time of the meetings. City Manager Powell responded that he would look into this matter. VI. ADJOURNMENT: 5:33 p.m. It was moved by Commissioner Vasquez, seconded by Vice-Chairman Hutchinson and adjourn unanimously carried (7/0) to to 5:00 p.m., February 4, 2004, in the 2nd Floor Training Room of Downey City Hall. ___________________________ Kathleen L. Midstokke, Secretary City Hospital Comm. Minutes 11-05-03 2