Sacramento Public Library Authority adopts FY25–26 midyear budget update, allocates supplemental funds
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Summary
The board approved a midyear budget update projecting $63.1 million in revenues and $70.1 million in expenditures, a $430,000 midyear increase to use of fund balance and supplemental funding allocations for HVAC and other capital projects; the motion passed by roll call with 12 members voting.
The Sacramento Public Library Authority approved a midyear budget update for fiscal year 2025–26 and a supplemental funding allocation after staff outlined revenue and expenditure adjustments and discussed capital and security costs.
Lede: Finance staff presented the midyear update showing projected revenues of $63,100,000 and expenditures of $70,100,000, yielding a projected net use of fund balance of about $7,000,000 and a midyear net increase in use of fund balance of roughly $430,000.
Nut graf: Staff said the midyear adjustments reflect a small projected downtick in county property tax revenue, $2.0 million per year of Measure U diversions to help cover the Martin Luther King Jr. and North Sacramento projects, carryovers for capital projects and an increase of $500,000 for security costs tied to operational responses noted earlier in the meeting. The finance advisory committee recommended a $117,000 supplemental funding allocation and staff explained how allocations are derived by property tax, circulation percentage and service area population.
Body: The presentation itemized that $2,500,000 of the increase in use of fund balance related to full project carryovers and one‑time project costs (signage, security cameras, automated material handling, IT routers, collections), $2,000,000 represented a city contribution diversion connected to capital projects, and $1,700,000 was earmarked for three HVAC projects requested by partner jurisdictions (Carmichael, North Highlands/Antelope, and another county branch). Staff said the combined supplemental fund balance was $5,200,000 at 06/30/2025 and projected $3,600,000 at 06/30/2026 after planned uses.
Board members asked about vacancy savings, position control, and the structural deficit concerns in the out years. Staff confirmed projected salary vacancy savings of $500,000 for the fiscal year and said position control remains at 343.5 FTEs with no recommended changes at midyear; staff noted the structural deficit over the next five years is projected and said continued conversations with city finance teams are planned.
Ending: After discussion a motion to approve the midyear budget update and the supplemental funding allocation was moved and seconded; the clerk called the roll and the chair announced the motion passed with 12 members voting. Staff will return with next‑year budget planning and requested metrics as part of the May 28 budget schedule.