Posted October 30, 2013
Some budget facts:
- Last library budget vote was in November 2007, where the amount approved was $45,949 for the 2008 budget.
- Over the past 5 years, the Town has increased the amount the library receives over the 2007 ballot amount by an average of 3% per year.
- In 2013, the library received $52,239 from the Town. This was $6,290 over the approved 2007 ballot amount. These are funds that have been accounted for in the Town’s budget over the past 5 years.
- The Library Board of Trustees is requesting an additional $7,051 to bring the annual budget total from the Town to $59,290. The proposal on the ballot will show the total increase from 2007 of $13,341 (due to State Education Law ballot requirements).
Last Budget Vote November 2007 = $45,949 for 2008 budget year
|Year||Total Library Budget||Funding from the Town||% of increase over prior year Town funding||% of total budget from fundraising|
- Other recurring annual revenue sources include (2013): Rensselaer County ($3,610), NYS Library Aid ($970), Brittonkill School District ($500), and Friends of Poestenkill Library ($1,650 for cleaning services).
- The library building and property are owned by the Town of Poestenkill. The annual rent is $10. The Town pays for the alarm system, maintains the heating & cooling systems (the library pays for the fuel & electricity), takes care of major building repairs, maintains the yard (mowing), and does the plowing in the winter. A dedicated group of volunteers maintain the gardens and rake the leaves.
- Per capita (census pop. 4,530) cost for the total library budget in 2013 is $16.39. The cost if Proposal #7 is approved would be $16.60. NY State Ed recommends $25 per capita. (Based on our census figure, that budget amount would need to be $113,250.)