Riverhead Free Library BUDGET VOTE

Tuesday, April 5, 2011 10:00 a.m. – 8:00 p.m.
Library Grand Meeting Room
Budget Hearing Tuesday, March 8, 2011 7:00 – 7:30 p.m. Library Craft Room
Library Statistics Circulation Reference Questions Program Attendees Library Card Holders Annual Visitors 2010 298,514 58,106 12,769 25,241 327,678
Where else could you find: Trained reference librarians who can answer any question and are accessible in person or via phone, email, chat or text message 24/7 access to free downloadable ebooks, audiobooks, music and video from the Library’s website at www.riverheadlibrary.org Access to millions of items located at cooperating libraries, with reserves and reviews available 24/7 Hundreds of programs for all ages Databases which include millions of magazine and newspaper articles, also available 24/7 from the Library’s website Daily access to online homework help from qualified tutors through the Library’s website Civil service and other test books Summer reading programs for children, teens and adults Educational programs for adults including computer instruction, health information and career guidance Storytimes and other programs for children of all ages Polish, Spanish & Russian language collections …but at the Riverhead Free Library?

When you consider that the average cost of: A book = $28 A magazine = $3 A CD = $18 and that the 2010‐2011 cost for library service on a Riverhead home assessed at $50,000 is only $154.95 or $12.91 per month

…you realize that the Riverhead Free Library is a bargain!

Analysis of the Proposed 2010‐2011 Budget
Expenditures Library Materials Personnel Building & Grounds Office Equip. & Supplies Other Operating Expenses Total 2010‐2011 Budgeted 415,750 2,218,526 212,500 78,500 161,300 $3,086,576 2011‐2012 Proposed 402,950 2,457,851 214,500 78,000 152,306 $3,305,607 Anticipated Revenue Fines & Fees Interest—Operating Contract Districts State Aid Programs & Bus Trips Tax Support Total 2010‐2011 Budgeted 42,000 3,000 170,000 7,000 29,000 2,835,576 $3,086,576 2011‐2012 Proposed 42,000 1,500 170,000 7,000 24,000 3,061,107 $3,305,607

Increase in taxation: $225,531. If approved, an average Riverhead Town homeowner will pay an additional $1.03 per month or 3 cents per day (based on current equalization rates).

Description of Proposed Budget The 2011‐2012 proposed budget represents no changes or minor adjustments in many budget lines, as we look for every cost‐cutting measure possible without cutting materials or services, in response to continued high Library usage. The increased total budget is primarily due to another large increase in the New York State Retirement estimate, high health insurance increases and continued high demand for patron service. A small salary increase is included, in accordance with contractual obligations. Riverhead Free Library ● 330 Court Street ● Riverhead, NY 11901 ● (631) 727‐3228 (detailed budget on reverse)

Budgeted 2010-2011 Library Materials Print Books Electronic Resources CDs, Audio Cassettes DVDs & Videocassettes Periodicals Newspapers/Microfilm Library Programs Library Bus Trips Printing/Publicity Interactive CDs Membership Dues Subtotal Personnel Salaries Retirement Social Security Health Insurance Workman's Comp. Payroll Service Travel/Conference Disability MTA Tax Subtotal Building & Grounds Custodial Supplies Grounds – Contract Serv. Insurance Fuel Electricity Water/Sewer Bldg. & Equip. Repairs Building Contract Serv. Subtotal Office Equipment & Supplies $212,000 $31,000 $23,500 $24,000 $17,500 $6,750 $37,000 $25,000 $36,000 $500 $2,500 $415,750 $1,662,854 $155,158 $124,714 $225,000 $16,500 $16,000 $6,000 $4,800 $7,500 $2,218,526 $8,500 $16,500 $34,500 $16,000 $76,000 $7,500 $14,500 $39,000 $212,500

Proposed 2011-2012 $205,000 $31,000 $24,500 $22,000 $17,500 $6,750 $37,000 $20,000 $36,500 $200 $2,500 $402,950 $1,778,000 $223,407 $133,344 $270,000 $17,000 $16,000 $6,000 $6,600 $7,500 $2,457,851 $8,500 $17,000 $35,500 $16,000 $76,000 $8,000 $14,500 $39,000 $214,500

Supplies Repairs Equipment Contract Serv. Supplies Contract Serv. Furniture & Equipment Minor Furniture & Equipment

$38,500 $1,000 $31,000 $3,000 $2,000 $3,000 $78,500

$37,500 $500 $32,000 $4,000 $2,000 $2,000 $78,000 $2,500 $25,000 $16,250 $3,500 $14,000 $1,500 $29,000 $48,556 $2,000 $142,306 $10,000

Subtotal Other Expenses Telephone Postage Professional Fees Voting Computer Equipment Minor Computer Equipment Automated Services SCLS Collection Agency Fees Subtotal Building Fund Total Operating Fund Expenditures Anticipated Revenue Fines & Fees Interest, Operating Budget Contract Districts State Aid Program Revenue Library Bus Trips Total Anticipated Revenue A mount to Be Raised by T axation

$2,500 $24,000 $21,000 $3,500 $14,000 $1,500 $36,000 $47,000 $1,800 $151,300 $10,000

$3,086,576 $42,000 $3,000 $170,000 $7,000 $4,000 $25,000 $251,000

$3,305,607 $42,000 $1,500 $170,000 $7,000 $4,000 $20,000 $244,500

$2,835,576

$3,061,107

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