Friday, August 24, 2012

August 24, 2012 County Sends Donations To Helen Ross McNabb and Morristown Hospital Hospital Foundations Back to Budget Committee

The Hamblen County Commission yesterday unanimously voted to allocate  $75,000 to the Sheriff's Department and volunteer fire departments for communications equipment upgrades that need to be completed by December 31.

The money will come from an endowment fund established years ago with "excess interest" from a bond issue for Morristown-Hamblen Hospital ---years before the hospital was purchased by current owner Covenant Health.

In a related vote, the commission decided to review appropriations from the endowment fund to the Helen Ross McNabb Foundation and to the Morristown-Hamblen Hospital Foundation at a September 10th special called meeting of the Budget Committee.

Approval of $100,000 to Helen Ross McNabb Foundation and $125,000 to the Morristown-Hamblen Hospital Foundation passed through the Budget Committee earlier this month. Both appropriations were scheduled for a vote yesterday. Instead, these items were put back in the Budget Committee without comment.

It takes a 2/3 vote to approve an expenditure out of the endowment fund. Commissioner Nancy Phillips was absent. Her absence was apparently the reason for deferring the vote.

No comments: