Title
Receive a report of Natividad Medical Center's capital projects for Fiscal Year (FY) 2015 that were projects in progress in FY 2014, projects supported in previous fiscal years but were delayed or postponed and new projects for FY 2015. (ADDED VIA ADDENDUM)
Report
RECOMMENDATION:
It is recommended that the Monterey County Board of Supervisors receive a report of Natividad Medical Center's capital projects for FY 2015 that were projects in progress in FY 2014, projects supported in previous fiscal years but were delayed or postponed, and new projects for FY 2015.
SUMMARY/DISCUSSION:
The Natividad Medical Center (NMC) Facilities and Construction Department staff administers capital projects focused on providing quality, safety and efficiency in providing healthcare to the citizens and visitors of Monterey County. Staff is requesting support in prioritization (Priority 1 equaling critical and Priority 2 equaling non-critical) and funding for additional projects that are not included in the FY 2015 NMC Recommended Budget. The projects have been grouped by category as follows: (1) Projects in Progress; (2) Reinstated Projects; and (3) New Projects.
Projects will be sourced from cash balances. The recommended projects FY 2015 budget impact is an additional $6,897,000. Currently $3,020,000 has been previously approved by the CIC committee, bringing the NMC Building and Improvement budget total to $9,917,000. This budget amount is near the NMC FY 2015 Requested Budget ($10,437,000). Based on NMC's fiscal performance forecast and resultant cash balance forecast for FY 2015, FY 2016 and FY 2017, this will render an estimated cash balance of approximately $26,756,158, $21,170,096 and $22,735,219, respectively.
Projects in Progress - Projects that have commenced but have not yet been completed during FY 2014:
Building 400 - Floor Three:
NMC worked collaboratively with the Monterey County Health Department to design and develop the thir...
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