The Citrus County Hospital Board would prepare to close, settle its debts, and transfer its remaining responsibilities and assets to county commissioners on October 1, 2026.
The Citrus County Hospital Board would have to settle its debts and adopt a plan for its remaining assets by September 30, 2026.
The board would be dissolved and the two special laws governing it would be repealed starting October 1, 2026.
County commissioners would take over the former board’s assets and debts, pay those debts first, and use any remaining assets under the approved plan; the related trust may continue.
The Citrus County Hospital Board would wind down its affairs and adopt a dissolution plan. The plan must address the board’s obligations, debts, remaining assets, and possible distributions to the related irrevocable community trust or foundation. The plan must satisfy the board’s obligations and indebtedness. The plan must provide for the use of any remaining district assets. The dissolution plan must be adopted by September 30, 2026.
The board would be dissolved, and chapters 2011-256 and 2014-254 would be repealed. The repeal applies to the special laws governing the Citrus County Hospital Board and the related community trust or foundation. The repeal and dissolution would take effect October 1, 2026.
The Citrus County Board of County Commissioners would receive all assets and liabilities of the former hospital board. The county commissioners must first use transferred assets to pay the former board’s liabilities, then use any remainder under the dissolution plan. The dissolution plan must have been adopted before October 1, 2026. The plan must be consistent with chapters 2011-256 and 2014-254. The related irrevocable community trust or foundation may continue operating under general law despite repeal of chapter 2014-254. The asset and liability transfer would take effect October 1, 2026.
No hearings or votes scheduled.