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Regional Hospital Board removes reserve fund cap

Our regional hospital board has made two key decisions.

It has removed the $10 million cap on its reserve fund to help pay for big future projects. This will not involve a tax increase with residents paying what they did last year. An additional $1.7 million will go into the fund as was the case in 2015.

Also the board has called on Interior Health to provide a short, medium and long term costing plan so local taxpayers know what they’re in for down the road.

Here’s Chair Marguerite Rotvold.

Regional taxpayers pay 40% of hospital upgrade and equipment costs with IH paying 60%.

A major upgrade is coming to Arrow Lakes Hospital while a $40 million reno is set for KBRH in Trail in future years.

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