Riverhead Free Library BUDGET VOTE

Tuesday, April 2, 2013 10:00 a.m. 8:00 p.m.

Library Grand Meeting Room
Budget Hearing Tuesday, March 12, 2013 7:00 7:30 p.m. Library Craft Room
Library Statistics Circulation (Non-digital) Circulation (Digital) Reference Questions Program Attendees Library Card Holders Annual Visitors 2012 259,390 13,815 59,410 14,326 25,526 320,945
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 Librarys 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 Librarys website Daily access to online homework help from qualified tutors through the Librarys 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 = $4 A CD = $18 An ebook = $9 and that the 2012-2013 cost for library service on an average Riverhead home assessed at $43,000 is only $148.14 per year or $12.35 per month

you realize that the Riverhead Free Library is a bargain!

Analysis of the Proposed 2013-2014 Budget

Expenditures Library Materials Personnel Building & Grounds Office Equip. & Supplies Other Operating Expenses Debt Service (bond repayment) Total 2012-2013 Approved 379,700 2,518,885 216,000 74,000 155,062 435,500 $3,779,147 2013-2014 Proposed 370,700 2,635,232 213,500 70,000 162,350 435,750 $3,887,532 Anticipated Revenue Fines & Fees InterestOperating Contract Districts State Aid Program & Bus Trip Fees Fund Transfer for Programs Tax Support/Operating Debt Service (bond repayment) Total 2012-2013 Approved 42,000 500 150,000 7,000 13,500 8,700 3,121,947 435,500 $3,779,147 2013-2014 Proposed 39,000 n/a 105,000 8,500 9,500 n/a 3,289,782 435,750 $3,725,532

Increase in tax levy: $168,085 or 4.72%. If approved, an average Riverhead Town homeowner would pay an additional $6.98 per year or 58 cents per month (based on current assessments and equalization rates).

Description of Proposed Budget

In response to 2012 usage statistics (higher than 2011), the Board of Trustees determined that it was important to maintain high-demand services while keeping the budget as low as possible. The 2013-2014 proposed budget represents no changes or minor adjustments in many budget lines, as every possible cost-cutting measure is utilized without cutting materials or services. The majority of the increase comes from an anticipated increase from the New York State Retirement System, a cost over which the Library has no control. At the same time, the Librarys number of contract users from nearby unserved districts has decreased, representing a loss in revenue. Outside of these two budget lines (one revenue and one expense) the tax levy increase is less than 1.3%.

Riverhead Free Library 330 Court Street Riverhead, NY 11901 (631) 727-3228 (detailed budget on reverse)

Library Materials

Print Materials Non-Print Materials Library Programs Library Bus Trips Printing/Publicity Membership Dues

Subtotal Personnel Salaries Retirement Social Security Health Insurance Workman's Comp. Payroll Service Travel/Conference Disability MTA Tax

Budgeted 2012-2013 $217,000 $79,000 $35,000 $10,000 $36,500 $2,200 $379,700 $1,818,000 $231,554 $136,350 $280,000 $18,000 $16,500 $5,500 $6,800 $6,181 $2,518,885 $9,000 $17,500 $37,000 $16,000 $74,000 $8,000 $15,500 $39,000 $216,000

Proposed 2013-2014 $195,000 $95,000 $36,000 $6,000 $36,500 $2,200 $370,700 $1,840,000 $310,000 $138,000 $294,000 $19,000 $16,000 $5,500 $8,500 $4,232 $2,635,232 $8,000 $18,000 $37,000 $15,000 $73,000 $8,000 $15,500 $39,000 $213,500

Subtotal Building & Grounds Custodial Supplies Grounds Contract Serv. Insurance Fuel Electricity Water/Sewer Bldg. & Equip. Repairs Building Contract Serv.

Subtotal Office Equipment & Supplies

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

$36,500 $500 $30,000 $3,000 $2,000 $2,000 $74,000 $2,500 $25,000 $20,000 $5,500 $11,000 $2,500 $27,000 $49,562 $2,000 $145,062 $10,000 $3,343,647 $435,500 $3,779,147

$37,500 $500 $28,000 n/a $2,000 $2,000 $70,000 $2,500 $23,000 $24,000 $5,500 $11,000 $3,000 $27,300 $54,050 $2,000 $152,350 $10,000 $3,451,782 $435,750 $3,887,532 $39,000 n/a $105,000 $8,500 $3,500 $6,000

Subtotal Other Expenses Telephone Postage Professional Fees Voting Computer Equipment Minor Computer Equipment Automated Services SCLS Collection Agency Fees

Subtotal Building Fund Operating Expenses Debt Service Total Expenses Anticipated Revenue Fines & Fees Interest, Operating Budget Contract Districts State Aid Program Revenue Library Bus Trips

$42,000 $500 $150,000 $7,000 $3,500 $10,000

Total Anticipated Revenue

$213,000

$162,000

Tax Levy (less Debt Service) Tax Levy (including Debt Service)

$3,121,947

$3,289,782

$3,557,447

$3,725,532

Note: Debt Service refers to the repayment of the bonds issued in 1998 for the expansion of the building. The final bond repayment will be made during the 2013-2014 fiscal year.