Odd twist in Sequoia Healthcare District election
Original post made
on Nov 1, 2012
The Sequoia Healthcare District elections resemble a game of musical chairs this year. Director Jack Hickey, whose third term wouldn't expire until 2014, is still running for one of two open seats on the five-member board, challenging incumbents Kathleen Kane and Kim Griffin, whose terms really do expire this year.
Read the full story here Web Link
posted Thursday, November 1, 2012, 9:19 AM
Posted by Jack Hickey
a resident of Woodside: Emerald Hills
on Dec 27, 2012 at 4:04 pm
Caregiver said: "Menlo Voter, Jack Hickey is not proposing the money remain for county health care but rather for 'agencies which would benefit from dissolution, such as schools, fire districts, etc'".
Currently, according to the tax collector's info accompanying your tax bill, taxes are distributed as follows:
1. Schools 44.4%
2. County 21.8%
3. Cities 16.5%
4. Redevelopment Agencies 8.3% (this has changed thanks to Gov. Brown)
5. Special Districts 9%
By my estimation, Sequoia Healthcare District assets, including the value of the profit sharing arrangement with Sequoia Hospital, are nearly $40,000,000. Property tax income is ~$9,000,000/year.
The likely result of dissolution would see those assets and property tax revenues distributed in much the same manner as the distribution stated above.
Those listed beneficiaries will not include Nurses who currently account for $1,000,000/year of District expenditures. Sequoia Healthcare District spent $7,000,000 Web Link for the education of 280 nurses in the program who should have graduated by 2012. Only 253 are reported to have graduated. Of those, only 73 are working as nurses in the District. Since each received a subsidy of $25,000 from the oia Healthcare District, the total benefit to the community served by the District is $1,825,000. That means that $5,175,000 of property tax dollars left the District over the seven year period covered by the report from SFSU. Put another way, $739,000+ each year has been expended with no benefit to the community served by the District.
Also, with dissolution, Sequoia Hospital would no longer receive a $1,250,000/year subsidy via their Foundation. Web Link
Likewise, the charitable organizations Web Link currently receiving $1,340,000/year from the pseudo-philanthropic Community Grants Program of the Sequoia Healthcare District would receive no benefits after dissolution. Nor would Samaritan House continue to receive the district's annual grant of approximately $570,000 which underwrites all clinic operating expenses. Web Link
Elimination of those beneficiaries puts an additional $3,899,000 in the hands of the likely beneficiaries listed above, to be directed by elected officials of those agencies. Add to that elimination of more than $1,200,000 for payroll, Directors health insurance, PR, election costs, legal costs, etc. which will accrue with dissolution and we have more than $5,000,000 available to legitimate agencies controlled by our elected representatives.