Document #9BBoard of Library Trustees Meeting
FY 2008 Budget Results
YTD August 2008
•Personnel Service expenditures are at 84.7% of the annual fiscal year 2008 budget. All of thepayout costs associated with the Easy Out Program have been paid, which has caused theAdditional Gross Pay line item to increase to 275.8% of the current budget.•Although DCPL is projecting a deficit in over-time and additional gross pay costs, as long asthe budgets are balanced by fund and program, the agency will not be in an anti-deficiencystatus.•The Year End projection for PS is approximately $257K (after a $612K set aside forperformance and incentive bonuses).•DCPL is closely monitoring both the PS and NPS budgets, especially overtime.•Through fiscal month 11 (August), Non-Personnel Service obligations are at 92.3% of theannual fiscal year 2008 budget.•The following reprogrammings have been approved:1) $64K moved between programs to cover projected Personnel Services deficits in AdditionalGross Pay (approved in September); and2) $931K shift from Personnel Services to Non-Personnel Services to purchase additional ADTsecurity equipment, Closed Circuit Televisions (CCTV) and scanners for Adaptive Services,portable room coolers, a public safety vehicle, IT equipment, shelving, and furniturerestoration. Also, funds were moved for electricity, rentals, and lease payments for the threemodular interim branches.•PO review is ongoing.
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