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Director reports finances steady despite billing lag; staffing and conferences planned
Summary
The library director reported Q3 financials showing about 69% of the fiscal year expended but cautioned billed amounts lag true spending; staff development funding was increased and 10 staff will attend the Vermont Library Association conference at UVM.
The Director reported that the library is about "69% expended" through the fiscal year while the fiscal-year timeline is roughly three-quarters complete, but cautioned that billing-cycle timing makes paid amounts an imperfect reflection of actual spending.
"We're about 69% expended, in all of our categories," the Director said while noting unpaid bills remain in the queue and that revenues from room reservations and donation-based printing will help offset payroll pressure. The Director also said the board increased the FY27 staff development line by $2,000 (from $3,000 to $5,000) and that 10 staff will attend the Vermont Library Association conference June 1 at the UVM Howe Library.
