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Library authority adopts fiscal year 2025–26 final budget; board to use reserves for one‑time projects
Summary
The Sacramento Public Library Authority adopted its FY 2025–26 final budget on Sept. 25. The board approved a $63.3 million revenue plan and $69.9 million in expenditures, using roughly $6.6 million from fund balance to cover one‑time projects and carryovers.
The Sacramento Public Library Authority adopted its fiscal year 2025–26 final budget on Sept. 25, approving $63.3 million in projected revenues and $69.9 million in planned expenditures and authorizing position‑control changes.
Financial staff member Johnny Ih told the board the budget revision updates the authority’s May adoption to reflect changes during closeout and operational needs. He said county property tax remains the largest revenue source (about 59.3%), with City of Sacramento contributions and Measure E accounting for major…
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