Approved Fiscal Year 2011-2012 Budget
for the
Guilderland Public Library

Members of the public were invited to come to the Guilderland Public Library on Thursday, April 14, at 7 pm, for a Public Comment Session on the Library’s proposed budget for Fiscal Year 2011-2012.

GPL’s FY 2011-2012 budget, approved by the voters of the Guilderland Public Library District on May 17, 2011, is $68,000 less than the FY 2010-2011 budget, however lower revenue projections result in a 1.9% increase in the tax levy. While expenditures have decreased, the Board of Trustees decided not to use Reserve Funds as revenue.  This reserve is set aside to pay for unexpected expenditures (e.g., emergency repairs); the amount is equal to one month's operating expenses.

The top section below presents expenditures, the lower section shows anticipated incoming revenue. Please note, where revenue is concerned:

• There are no Unexpended Funds to carry over from FY 2010-2011 to FY 2011-2012.
• Estimates of State Aid are lower.
• As noted above, Reserve Funds are not a source of revenue.

FISCAL YEAR BUDGET:	CURRENT	PROPOSED	Notes
Library Materials	$360,500	$367,530	1.95% increase COLA
Programming and Planning	$144,775	$69,775
Salaries and Benefits	$2,474,285	$2,426,875
Human Resources	$15,500	$15,300
Equipment	$46,567	$37,000
Library Business Operations	$94,000	$93,000
Professional Services	$73,385	$78,020
Technology/Communications	$42,885	$90,995	Phone system replacement
Physical Plant	$178,000	$169,500
Properties	$20,100	$32,000	Capital Improvement: $20,000
TOTAL	$3,449,997	$3,379,995
REVENUE ESTIMATES:	CURRENT	PROPOSED
Unexpended Funds	$21,484	$0
State Aid	$8,000	$7,800
Non-Resident Fees	$15,500	$15,500
Gifts and Grants	$10,000	$10,000
Investments	$30,000	$20,000
Fines and Lost Materials Fees	$75,000	$75,000
Miscellaneous (copiers, etc.)	$27,000	$27,000
Reserve Funds	$100,000	$0
EXPENDABLE REVENUES	$286,984	$154,800
TOTAL LEVY:	$3,163,013	$3,225,195

Presented by the Guilderland Public Library's Board of Trustees:

Douglas A. Morrissey, President • Dr. Vishnu Chaturvedi, Vice President • Diane Rosenbaum, Secretary • Carroll Valachovic, Treasurer • Christopher Aldrich • Robert H. Feller • Michael Fox • Barbara Fraterrigo • Robert E. Ganz • Brian Hartson • Steve Wacksman

Library Director: Barbara Nichols Randall

To read the Altamont Enterprise's coverage of the Library's proposed budget, please click here.

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Last update: May 18, 2011