Defibrillators

EMS market.

The company attributes the decrease in revenue from the North American Hospital market to a decline in U.S.

military sales.

That said, sales attributable to the U.S.

military only amounted to 9% of the company's totals sales for its Q2 in 2006.

ZOLL's stock price now trades at a 32% discount to its 52-week high, which occurred in January as its Q1 earnings were announced and the situation at Medtronic began to unfold.

While Medtronic does not expect this situation to have a material impact on its sales, it will be interesting to see if ZOLL is able to pick up any incremental gains from it going forward.

It will also be interesting to see if ZOLL is able to keep up the earnings momentum that it has generated in recent quarters and push its stock price back toward its January level.

See which health-care stocks Fool co-founders Tom and David Gardner have chosen for their market-beating Motley Fool Stock Advisor newsletter.

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Fool contributor Billy Fisher does not own shares of any of the companies mentioned.

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The largest portion of the proposed budget, 63 percent, is made up of the Board of Education budget, which has come in at $56.9 million.

The education budget represents a 3.74 percent increase, or $2 million more than the current year's spending plan.

The school enrollment for this year is 4,150 and is projected to decrease by 91 students, or 2.19 percent, to 4,059 next year.

The town's operating portion of the budget is $24.4 million, or 27 percent of the overall budget and is proposed to increase by $1.6 million dollars.

Souza has said that the purchase of public works vehicles at a total of $258,000 accounts for more than 16 percent of that increase.

He's also said that the majority of the increase is because of fixed costs, contractual obligations, and the maintenance of ongoing operations.

Some of the major cost drivers in the operating budget are health insurance and utilities, he said.

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