Maryland County Earmarks $30M to Bail Out Health System

Newman, Emily
October 2003
Bond Buyer;10/31/2003, Vol. 346 Issue 31752, p3
Trade Publication
Reports that Prince George's County, Maryland, officials have decided to spend 30 million dollars over five years beginning in 2004 to help bail out the nearly bankrupt nonprofit Dimensions Health Care System. Plan by the county to sell some surplus property to finance the first year of the bailout; Financial analysts' mixed assessments of the impact that the expenditure will have on the county's credit rating.


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