Executives at Holy Cross Hospital in Taos, N.M., have asked Taos County to increase property taxes to help pay for hospital facilities and services, according to a Taos News report.
The hospital is asking for a tax of $1.60 per $1,000 of net taxable property value, which would yield roughly $1.9 million in revenue, according to the report. Combined with matching federal funds, Holy Cross Hospital could see a total financial boost of $6 million.
If the tax levy is not approved by voters, Holy Cross Hospital executives said they may have to reduce services or lay off employees. The special election on the tax would be held Dec. 18, and the county will likely decide on the proposal next week.
The hospital is asking for a tax of $1.60 per $1,000 of net taxable property value, which would yield roughly $1.9 million in revenue, according to the report. Combined with matching federal funds, Holy Cross Hospital could see a total financial boost of $6 million.
If the tax levy is not approved by voters, Holy Cross Hospital executives said they may have to reduce services or lay off employees. The special election on the tax would be held Dec. 18, and the county will likely decide on the proposal next week.
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