Library board proposes $150,000 capital reserve amid lease uncertainty
The Webster Public Library board preliminarily approved a budget that includes a proposed $150,000 capital reserve intended to smooth future building or lease costs; Director Adam Traub said the move reduces the library's year‑to‑year volatility.
The full story
Library Director Adam Traub presented the library’s preliminary 2027 budget, which the library board preliminarily approved. The largest single line in the increase is a proposed $150,000 capital reserve intended to offset future lease escalations or building costs when the current lease ends.
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