On January 19, Executive John Brown told Northampton County Council that he expected Gracedale, the county-owned nursing home, to finish 2016 about $800,000 in the black. . This profit excluded the money the county received from its recent sale of 37 nursing home bed licenses for slightly more than $800,000 That's a one-time revenue injection from the sale of a capital asset, so it would be improper to include this revenue when claiming that the nursing home turned a profit.
On February 3, as the picture becomes clearer, Brown now is telling Council that Gracedale earned $200,000 last year, and not the $800,000 he projected just two weeks ago. This would still be the first time since 2007 that the facility turned a profit.
But now he's playing games with the numbers, thanks to Bob Werner. He has now decided to reverse himself and include the $800,000 in revenue from the bed sale as operating profit.
This paints a more rosy picture, showing that Gracedale earned $1 million last year.
I've got an idea. Why not just tell the truth?