Montgomery Council Overrides Veto, Authorizes Up to $15 Million for Jackson Hospital

Overview

• The City Council unanimously overrode Mayor Steven Reed’s veto and revised its pledge to provide up to $15 million rather than a guaranteed amount.
• The new ordinance removes language that would have required the city to cover 60% of local funding, opening the door to other contributors.
• The Montgomery County Commission earlier approved $10 million, with both city and county actions tied to additional state support.
• Officials say the hospital still seeks $25 million from the state and about $50 million in federal infrastructure funds for NICU, emergency and cancer upgrades.
• Jackson Hospital is in Chapter 11 after missing a $60 million bond payment, and a judge expanded its DIP loan to $35 million as Jackson Investment Group pledged $15 million more to sustain operations through the holidays.