More Thoughts on Valley Hi’s over $41 Million Bank Balance

Susan Handelsman, who regularly attends the Valley Hi Nursing Home’s Operating Board meetings, left the following long comment under my story about the consultant’s report last week. I think it will add to the discussion of what to do with … Continue reading

Finance Committee Fight over Valley Hi Taxes – Part 2

At this point Barnes weighed in. “That’s concerns me,”  she said. “You don’t solve that $20 million problem by [lowering the levy]. “I disagree,” Barnes replied. “If you’re going to be thinking about another facility,” Walkup said, “I think that … Continue reading

The Finance Fight over Valley Hi Taxes – Part 1

First, Mike Walkup, not a member of the Finance Committee, asked that the Valley Hi levy be split from the others for voting purposes. Pointing out that he had served on the nursing home’s Operating Board for two years, Walkup … Continue reading

Ken Koehler Doesn’t Like Being Reminded of Ginormous Valley Hi Surplus

Let’s say you’re running a local governmental entity that is an enterprise fund. In other words, it’s supposed to break even. It’s supposed to bring in enough money in taxes and fees to prevent its needing a subsidy from another … Continue reading

County Nursing Home Still Losing $2 Million a Year

The red ink keeps oozing out, according to a Daily Herald article by the Daily Herald’s Chuck Keeshan Finance Committee Chairman Marc Munaretto talks of “good structural changes” since Cary-based Revere Healthcare was hired in October 2007 to managed the … Continue reading

County Nursing Home Still Losing $2 Million a Year

The red ink keeps oozing out, according to a Daily Herald article by the Daily Herald’s Chuck Keeshan Finance Committee Chairman Marc Munaretto talks of “good structural changes” since Cary-based Revere Healthcare was hired in October 2007 to managed the … Continue reading

Privatization at McHenry County Nursing Home

The Valley Hi Committee, the McHenry County Board committee that oversees the county nursing home, has decided to outsource. At least its management. That’s what the Northwest Herald’s Regan Foster reports. At the same meeting, the committee recommended that a … Continue reading

Privatization at McHenry County Nursing Home

The Valley Hi Committee, the McHenry County Board committee that oversees the county nursing home, has decided to outsource. At least its management. That’s what the Northwest Herald’s Regan Foster reports. At the same meeting, the committee recommended that a … Continue reading