FY2021 Library Director's Budget Message (pdf)
FY2021 Annual Budget Full (pdf)
St. Charles City-County Library District | ||||||||
2021 Annual Budget | ||||||||
General Fund | (July 1, 2020 through June 30, 2021) | |||||||
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Statement of Budgeted Revenues and Expenditures |
2019 Actual |
2020 Actual |
Revised 2021 Budget |
% Change 2020-21 | ||||
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BEGINNING FUND BALANCE | 20,576,600 | 21,724,797 | 21,217,677 | |||||
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REVENUES: | ||||||||
Property and Other Taxes | 18,915,877 | 19,467,864 | 19,300,000 | -0.9% | ||||
State Aid, Federal Aid & Grants | 405,667 | 362,999 | 50,000 | -86.2% | ||||
Investment Earnings | 131,549 | 177,955 | 110,025 | -38.2% | ||||
Charges for Services | 626,805 | 366,796 | 211,950 | -42.2% | ||||
Donations | 1,625 |
1,234 | 380 | -69.2% | ||||
Miscellaneous | 130,357 | 128,265 | 27,071 | -78.9% | ||||
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TOTAL REVENUE | 20,211,880 | 20,505,113 | 19,699,426 | -3.9% | ||||
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EXPENDITURES: | ||||||||
Salaries & Benefits | 11,757,664 | 12,599,318 | 12,917,882 | 2.5% | ||||
Library Materials (pdf) | 3,091,531 | 3,251,494 | 3,355,850 | 3.2% | ||||
Operations | 2,882,150 | 2,728,100 | 2,523,332 | -7.5% | ||||
Technology & Telecommunication | 811,969 | 904,736 | 875,129 | -3.3% | ||||
TOTAL OPERATING EXPENDITURES | 18,543,314 | 19,483,648 | 19,672,193 | 1.0% | ||||
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CAPITAL: | ||||||||
Special and Building Projects | 520,369 | 2,039,663 | 2,985,000 | 46.3% | ||||
TOTAL EXPENDITURES | 19,063,683 | 21,523,311 | 22,657,193 | 5.3% | ||||
CHANGE IN FUND BALANCE | 1,148,197 | (1,018,198) | (2,957,767) | 190.5% | ||||
ENDING ACTUAL/PROJECTED FUND BALANCE | 21,724,797 | 20,706,599 | 18,259,910 | -11.8% | ||||
ADDITIONAL INFORMATION: | ||||||||
Revenue is primarily based on property tax. The fiscal year 2021 tax rate was set by the Board of Trustees at the September 2020 Board Meeting. The FY2021 tax rate is $0.1996 per $100 of valuation. The most recent voter approved tax rate is $0.2600. Detailed budget information is available upon request to custodian@stchlibrary.org. | ||||||||