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The Finance Committee voted 3-0 to recommend that the Nathaniel Witherell Board approve a $210,000 budget transfer. The proposed transfer would move $210,000 from object code 57100 into three other object codes, with $70,000 allocated to each.
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The transfer was recommended but was not approved by the Board in the minutes provided. The committee also found the accounts-receivable reserve adequate based on outstanding balances and collection efforts. Financial statements, census information, nursing staffing, room conversion, and hospice costs were reviewed.
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