Budget Workshop — August 25, 2026

I. Call to Order

II. Roll Call

III. Agenda Items

A. Receive and discuss the proposed Hunt Memorial Hospital District Fiscal Year 2027 Operational and Capital Investment Plan Budgets

B. Proposal to adopt an ad valorem tax rate for 2026 that may exceed the no-new-revenue tax rate and the voter-approval rate, and schedule a public hearing

IV. Executive Session

V. Adjourn

Meetings of the Board of Directors of Hunt Memorial Hospital District are accessible to people with disabilities. If you need an interpreter or special assistance, please call 903-408-1621 or email stice@huntregional.org at least 72 hours prior to the scheduled meeting.

The Board of Directors of Hunt Memorial Hospital District conducted a budget workshop on Tuesday, August 25, 2026, at 2:30 p.m. in the sixth-floor Homer Horton, Jr. Boardroom at Hunt Regional Medical Center, 4215 Joe Ramsey Boulevard, Greenville, Texas.

Dr. Pierce, Chairman, called the workshop to order.

Roll Call

Mrs. Deborah Clack
Dr. Tina Fletcher
Mrs. Leslie Killgore
Mr. John C. Nelson, Jr.
Mr. Wesley Oswald
Dr. Scott Pierce
Mr. Michael Taylor
Mrs. Julia Wensel
Mr. Wyman Williams

comprising a quorum of the Board; also,

Mr. Steven Lee Boles, Jr., President/CEO
Mr. Stuart O’Neil, Vice President of Legal Affairs
Ms. Brandi Isham, Vice President/Quality/Clinical Integration
Mr. Chad Martin, Vice President Financial Operations
Mr. Travis Potter, Vice President Business Development
Robert Deuell, M.D., Vice President Medical Affairs
Asim Usman, M.D., Vice President Physician Services
Ms. Rose Hayden, Development & Communications Director
Ms. Bonnie Jean Stewart, Lab Solutions Director
Ms. Julie Gibson, Foundation Director
Ms. Debbie Aiken, Commerce

HMHD FY 2027 Operational and Capital Investment Plan Budgets

Mr. Boles presented the proposed FY 2027 Operational and Capital Investment Plan budgets. He reviewed the operating budget summary income statement, income statement by major service, charges, payer mix, statistical trends, budgeted volumes, revenue deductions, other revenue, operating expense summary, FTE summary, benefits summary, other expenses, professional fees, supply expenses, purchased services expenses, repairs and maintenance expenses, leases and rentals expense, insurance expense, utilities expense, interest expense, non-operating income summary, cash flow statement, and the capital investment plan, including replacing hospital-wide defibrillators, ICU beds, and an MRI for Greenville Open Imaging, and addressing various IT and Telecom projects. Following review and discussion, the budgets will be presented for approval in September.

Proposed HMHD 2026 Ad Valorem Tax Rate

Mr. Boles presented historical data on the Hunt Memorial Hospital District property tax rates and reported the certified net property tax values are $16,060,206,454. The current tax rate options were reviewed, noting the voter-approval tax rate is $0.214812 with total tax revenues of $34,580,909 and the no-new-revenue tax is $0.205079, with total tax revenues of $33,014,070. Following review, Mr. Taylor moved, seconded by Mr. Oswald, to propose an ad valorem tax rate for 2026 at $0.214812 with the debt rate at $0.022075 and maintenance and operation at $0.192737. The motion carried unanimously.

Schedule a Public Hearing

By general consent, a public hearing on the proposed tax rate is scheduled for Tuesday, September 15, 2026 at 5:00 p.m. in the sixth-floor boardroom.

Adjournment

There being no further business, the meeting adjourned at 4:25 p.m.

Deborah Clack
Secretary