ROCHESTER, Minn. (September 24, 2015) – The Destination Medical Center (DMC) Corporation Board of Directors today approved the proposed 2016 budgets for the DMC Corporation and the DMC Economic Development Agency.
The 2016 operating budgets are largely comprised of legal, insurance, staffing and other professional fees necessary for the DMC Corporation and the DMC EDA to carry out their statutory requirements.
“Today the DMC Corporation approved and forwarded to the City of Rochester a strong budget focused on building momentum in 2016. We look forward to their final approval,” said Lt. Governor Tina Smith, DMC Corporation Board Chair. “I’m confident we are on a path to deliver new opportunities for jobs and growth in Rochester and all Minnesota, as we build on Rochester’s unique position as America’s city for health.”
The budget now goes to the Rochester City Council for final approval.
The next DMC Corporation Board meeting is scheduled for Thursday, October 29, at 9:30 a.m.