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    PRLibrary Revenue Page

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    ParkRidgeUnderground
    The library fund revenue for May 1, 2007 to April 30, 2008 totaled $6,680,831. The majority of funds came from local government at $4,083,815, with additional money from state per capita and corporate replacement taxes totaling $127,056. Other receipts including gifts, donations, fines and interest amounted to $263,787. 95% of the library budget is funded by local taxes, with the remaining 5% coming from various other sources such as fines and fees. Grants and gifts provide additional funds for extra materials and services beyond the annual operating budget.

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    PRLibrary Revenue Page

    Uploaded by

    ParkRidgeUnderground
    335 views1 page
    The library fund revenue for May 1, 2007 to April 30, 2008 totaled $6,680,831. The majority of funds came from local government at $4,083,815, with additional money from state per capita and corporate replacement taxes totaling $127,056. Other receipts including gifts, donations, fines and interest amounted to $263,787. 95% of the library budget is funded by local taxes, with the remaining 5% coming from various other sources such as fines and fees. Grants and gifts provide additional funds for extra materials and services beyond the annual operating budget.

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    The library fund revenue for May 1, 2007 to April 30, 2008 totaled $6,680,831. The majority of funds came from local government at $4,083,815, with additional money from state per capita and corporate replacement taxes totaling $127,056. Other receipts including gifts, donations, fines and interest amounted to $263,787. 95% of the library budget is funded by local taxes, with the remaining 5% coming from various other sources such as fines and fees. Grants and gifts provide additional funds for extra materials and services beyond the annual operating budget.

    Copyright:

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    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    335 views1 page

    PRLibrary Revenue Page

    Uploaded by

    ParkRidgeUnderground
    The library fund revenue for May 1, 2007 to April 30, 2008 totaled $6,680,831. The majority of funds came from local government at $4,083,815, with additional money from state per capita and corporate replacement taxes totaling $127,056. Other receipts including gifts, donations, fines and interest amounted to $263,787. 95% of the library budget is funded by local taxes, with the remaining 5% coming from various other sources such as fines and fees. Grants and gifts provide additional funds for extra materials and services beyond the annual operating budget.

    Copyright:

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    Download as PDF, TXT or read online from Scribd
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    LIBRARY FUND REVENUE

    MAY 1, 2007- April 30, 2008

    BALANCE 04/30/07 $2,204,573

    LOCAL GOVERNMENT $4,083,815

    STATE GOVERNMENT
    Per Capita Grant $46,218
    Corporate Replacement Tax $80,838
    $127,056

    FEDERAL GOVERNMENT LSTA Funds $1,600

    OTHER RECEIPTS - $263,787


    includes gifts, donations, fines, interest

    TOTAL $6,680,831
    TOTAL REVENUE (Less Balance) $4,476,258

    95% of the Library Budget is funded by local taxes. The remaining 5% comes from a variety
    of sources including fines and fees. The Library receives additional funds in the form of
    grants and gifts. These funds are used to purchase extra materials and services that are
    not part of the Library's annual operating budget.

    As the diagram below shows, four cents of every property tax dollar goes to support the
    Library. The 2007-2008 Library budget was 10% of the total budget for the City of Park Ridge.

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