South Peninsula Hospital needs to wean itself from the property-tax-funded subsidy it enjoys. The South Peninsula Hospital Service Area property owners (and renters via their landlords) pay a 2.3 mill rate on the value of their property per year to the hospital. The Central Peninsula Hospital Service Area property owners pay .3 mills.
Why are we paying almost eight times more?
South Peninsula Hospital has plenty of resources to finance their remodeling schemes as they have been buying property, buildings and businesses in the Homer area for years. The only way to reduce the mill rate is to stop voting to finance their construction plans. They have the resources to finance it themselves.
Don’t forget that the city and borough are already contemplating raising the mill rate to finance their operations as well. Vote “no” on KPB Prop 2.