Pullman hospital plans $29 million bond measure
~February 28th, 2019
Pullman Regional Hospital’s board of commissioners has approved a resolution to put a $29 million bond measure on the ballot for a special election in Pullman on April 23.
The measure will ask Pullman residents to vote to approve funding through general obligation bonds to acquire and implement a communitywide electronic personal health record system, construct a community health facility, acquire new medical technology, redesign and upgrade the hospital, and other capital improvements, according to a press release issued by the hospital.
The bond would be financed through a property tax assessment at a proposed rate of 99 cents per $1,000 assessed property value, the hospital says.
That tax rate is the same that was approved by voters in 2001 to help finance the hospital construction, the hospital says, adding that bond financing will be retired in 2021.
If the proposed measure is approved, a house in Pullman with an assessed value of $250,000 would be assessed about $250 a year toward the bond repayment.
Pullman Regional Hospital is a public district hospital, and its boundaries are Pullman city limits.