Taxpayers should be warned to file the following under outstanding debts and fiscal obligations, since Westchester County is responsible for the bills if the Medical Center ever defaults.
"It’s encouraging to see the Medical Center’s steady progress toward financial stability,” remarked County Board Budget & Appropriations Chair José Alvarado (D-Yonkers). “This year, the Medical Center had a positive cash flow and showed a profit.”
... And they hired more six figure executives, ostensibly giving the administration of that hospital a raise, with no consideration for the fact that the facility is still ridden with debt.
Hospital paid top executives $8.5M in 2007: The Journal News
"The medical center is struggling to close a projected $60 million budget deficit in its 2009 budget, which is due next month."