Weatherford
Parker County Hospital District Board of Directors, May 22, 2025: 9 items; approve the minutes as presented
9 agenda items, 4 recorded motions, all passed. Written from the minutes.
Approval of Minutes — April 22, 2025. The minutes of the April 22, 2025 meeting were reviewed. Following review and discussion, Director Barnett made a motion to approve the minutes as presented. Director Hayes seconded the motion. The motion passed unanimously.
Review of and vote to approve Financial Statements/Reports. Director Barnett noted that the Finance Committee met with Ms. Harris earlier and reviewed all the financial statements and reports. Following review and discussion, Director Barnett made a motion to approve the financial statements and reports as presented. Director Hayes seconded the motion. The motion passed unanimously.
Approval of Designated Employee for Truth in Taxation forms. Ms. Harris noted that under the rules and regulations of the Texas Property Tax Code and State of Texas the Board of Directors must appoint a Designated Officer or Employee who will prepare all Truth-In-Taxation calculation forms. Following review and discussion, Director Barnett made a motion to appoint Judy Harris as the Parker County Hospital District’s Designated Employee. Director Hayes seconded the motion. The motion passed unanimously.
Review and approve updates to Fund Balance / Capital Asset Policies as presented. Ms. Harris noted that she recently reviewed the Fund Balance and Capital Asset Policies and noted that small revisions have been made to both policies. A paragraph in the Fund Balance policy incorporating a Self-Finance/Stabilization Fund has been added. The Capital Asset Policy is the same except the threshold for capitalizing most assets has increased from $5,000 to $10,000. Software and intangible assets now have a threshold of $50,000. These changes are being made to comply with current Governmental Accounting Standards Board regulations. Following review and discussion, Director Hayes made a motion to approve the Fund Balance and Capital Asset Policies. Director Lee seconded the motion. The motion passed unanimously.
Governmental Accounting Standards Board Update. Ms. Harris reviewed the highlights of Governmental Accounting Standards Board Statements Numbers 103 and 104 and how they will affect the Hospital District.
Approval of Budget Amendment for FYE 2024-2025 Budget. Ms. Harris requested approval from the Board of Directors of a Budget Amendment for the FYE 2024-2025 Budget. She reviewed the highlights of the Amendment and noted that it consists mostly of General Ledger reclassifications from one account into another. Entries also include recognition of unanticipated revenue from supplemental payment programs such as the Tobacco fund, Opioid settlement fund and grant proceeds. Following review and discussion, a motion was made by Director Floyd to approve the Amendment as precented. The motion was seconded by Director Barnett. The motion passed unanimously.
Legislative Update. Mr. Jackson noted that the Legislative Session is almost complete. He updated the Board on two key bills which were defeated. House Bill 4036 would have raised the non- economic damages cap in medical malpractice cases by almost 70% and then index it to the CPI. House Bill 2072 would have altered current law as to advanced directives, including elimination of the statute of limitations and providing that any person who "causes a patient's death by withholding or withdrawing life sustaining treatment" in violation of the Texas Advanced Directives Act, was guilty of a 1‘ degree felony. Mr. Jackson reviewed other bills which were not passed but could have been harmful to the healthcare industry. It is unknown whether the Governor will be calling a special session.
Reports from Parker County Hospital District Departments. Administration: Mr. Bacus updated the Board on activities in Administration. He noted he recently met with Julie Butner, CEO of the Tarrant Area Food Bank. She expressed her sincere appreciation for the Hospital District’s support of the TAFB and their Big Red Bus program. Mr. Bacus noted that the food bank works very closely with our MAP program which provides food locally in their office on Texas Drive. Mr. Bacus noted that the Hospital District recognized Nurses/Hospital/EMS week with a celebration on May 15. The event included food, games and giveaways for Hospital District employees. The event was well attended. Mr. Bacus noted that he and Ms. Harris have had many budget meetings with Department Directors in preparation for the upcoming budget meetings with the Finance Committee in August. Mr. Bacus reported that he and Ms. Harris recently met with Valley View Consulting and received an update on the Hospital District’s investment portfolio. He noted that Valley View is doing a good job managing investment renewals and the Hospital District is getting very competitive interest rates. Mr. Bacus reminded the Board of the [...]
Return to Open Session, address, and possible vote on any issues outstanding from. Executive Session: The Board reconvened into Open Session at 1:51 PM. No action was taken.
1 resident spoke at citizen input; the Ledger counts speakers and does not name them.
Closed session items, as posted: Executive Session.
Compiled from the district's posted minutes by the Ledger's extractor, in the minutes' own wording; scanned minutes were read by OCR and can carry errors. The linked minutes are the record.
Sources: Parker County Hospital District: board minutes, May 22, 2025