After ending 2015 with a project net loss of $5 million, the Snoqualmie Valley Hospital District is projecting  to end 2016 with a net income of $335,696. The board of commissioners discussed this Thursday Nov. 5, at its regular meeting at Snoqualmie City Hall.

The budget projections include $3.6 million in depreciation expenses, a non-cash expense, meaning the district has already spent the money and is taking the write-off for the use of its assets.

Some of the budgeted items include $34,756 to cover some costs of ICD-10, the new set of national medical codes, and settlements with the Washington Department of Revenue for $130,000, and real estate broker Jim Grace for $231,305.

The hospital district is also budgeting more for salaries, as the district will be raising some staff salaries. The increases are planned to make the district’s pay levels meet market value, in order to prevent employees from leaving the district for better-paying jobs.

The district will also add positions in its Adult Family Home unit, patient care departments, and revenue cycle departments. Capital expenditures budgeted include a truck, carpet cleaning equipment, and computer upgrades.

The settlements proposed in the 2016 budget were on the agenda for the meeting, but the board postponed the discussion until a special meeting 6:30 p.m., Thursday, Nov. 12 at Snoqualmie City Hall.