Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Library Budget topic
No spam. Unsubscribe anytime.
Library board approves 2024 budget amendments and routine vouchers
Summary
Trustees authorized five budget amendments to reconcile 2024 operating overspends and approved routine vouchers including a $14,008.84 self-check station purchase and invoices totaling $30,317.43.
The Franklin Public Library Board of Trustees on April 28 approved five budget amendments to reconcile 2024 operating overages and accepted routine vouchers and invoices presented by the finance committee.
Finance committee members reported that March revenues were 95.62% of budget and total expenditures were about 20.05% of the budget year-to-date; the committee flagged longevity pay and operating expenditures (including an HVAC repair) as reasons for adjustments.
The board approved motions to add the following amounts to the 2024 general ledger: $11,549 to sundry contractors (GL 15.05110.5299); $223 to water (GL 15.05110.5551); $15,765 to electricity (GL 15.05110.5552); $17,180 to building maintenance systems (GL 15.05110.5557); and $691 to building maintenance — flooring (GL 15.05110.5558). Each item was moved, seconded and carried with an affirmative voice vote.
Separately, the board accepted vouchers including a $14,008.84 payment for new self-check stations and an invoice batch totaling $30,317.43. Fund 16 invoices of $3,340.67 were also approved.
When members asked why the amendments were handled in late April, staff said some charges (notably electricity) are delayed in posting to the financials and audit reconciliation required the adjustments. The director said the library sometimes transfers funds from fund balance late in the year to cover larger expenses.
The board approved minutes from the March 24 meeting by voice vote; one trustee abstained because she was not present at that meeting. No recorded roll-call tallies were provided in the transcript.
