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Board approves project budget; director outlines $284,000 fundraising gap
Summary
The board approved the assembled project budget for the library building project (March 1 column). The director said the campaign gap used in donor materials is $284,000 and the board agreed to use the March figures as the working budget, with the possibility of reapproval if adjustments are needed.
The board voted to approve the project budget as presented for the library building project. Crystal moved to approve and the motion passed after members discussed committed line items and reconciled outstanding costs. "So then I make the motion that we approve this budget as presented," Crystal said, and the board called the motion and approved it.
Library staff walked the board through a consolidated spreadsheet showing March figures and explained that the donor brochure used a gap figure of $284,000. The director said the March column "shows you it down towards the bottom, $284,000," and members agreed that the March numbers should serve as the board-approved budget baseline while allowing reapproval if new information requires changes.
