The Colorado Office of Economic Development and International Trade (OEDIT) offers an enterprise zone designation to support local economic improvements that result in job creation/retention. Colorado taxpayers may earn a 25 percent state income tax credit by contributing to targeted efforts.
As a qualifying nonprofit, Delta County Memorial Hospital is pursuing the enterprise zone designation for projects to improve patient access. Jan McCracken, clinics director, appeared at the Delta City Council meeting June 6 to request a letter of support for the hospital's application.
According to McCracken, the hospital hopes the 25 percent tax credit will encourage private contributions to help pay for system improvements.
Projects that could be funded partially by private contributions include the clinics in the North Fork Valley and the oncology/rheumatology clinics, which are outgrowing the space they occupy on the hospital campus. The emergency room and Urgent Care clinic are also at capacity.
Region 10 is the local Enterprise Zone administrator and the letter of support was addressed to executive director Michelle Haynes.
City manager David Torgler noted Delta County Memorial Hospital is the largest employer in the county, and one of the top rated rural hospitals in the U.S. In addition, he said, it is important to have quality health care to attract businesses and employees to Delta County.
"Hopefully the tax credit will create additional contributor interest in hospital-related projects," he noted in the letter of support approved by council members.