Proposed tax levy for Cedar County hospital fails for third time
A proposed hospital tax levy for El Dorado Springs' Cedar County Memorial Hospital has failed for a third time.
Voters said no the proposal by a vote of 2,150 to 1,153.
The proposal called to increase the hospital's tax levy ceiling to $0.6112 per hundred dollars of assessed home valuation from $0.1528.
Voters said no to the increase
last year. The proposed tax levy in 2019 called for an increase to $0.22 per hundred dollars of assessed home valuation.
The hospital was built in 1960 and has never had a tax levy increase since its opening year, when the minimum wage was $1.15.
The publicly-owned non-profit has 25 bed critical access facility with 125 employees and its own emergency room, similar to many rural hospitals. Costs were outpacing revenues with a deficit of $1.5 million dollars in 2019.