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Library director outlines $683,000 HVAC replacement and funding questions
Summary
Library Director Carrie Valdez described an HVAC replacement project costing about $683,000 (remaining balance ~ $552,000), potential funding sources and operational impacts, including a two-week closure for installation.
Library Director Carrie Valdez told the Budget Advisory Board that the library's HVAC replacement project has a total awarded cost of about $683,000, of which the library has paid about $130,000 and has a remaining balance of about $552,000 to $553,000.
Valdez said the library operates from a separate taxing fund (operations fund 72), and by state law property taxes collected for the library may be spent only on library operations. "By state law, property taxes collected for the library can only be spent for the library," she said. She also said more than 80%…
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