Manhattan-Elwood Public Library District B&A ordinance 23-5

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BA and Authenticity to Publish 2023

 

BUDGET AND APPROPRIATION ORDINANCE

ORDINANCE NO. 23-5

MANHATTAN-ELWOOD PUBLIC LIBRARY DISTRICT

WILL COUNTY, ILLINOIS

FISCAL YEAR JULY 1, 2023 to JUNE 30, 2024

This Ordinance constitutes the Budget and Appropriation Ordinance for the Manhattan-Elwood Public Library District, Will County, Illinois, for the fiscal year beginning July 1, 2023 and ending June 30, 2024.

BE IT ORDAINED by the Board of Library Trustees of the Manhattan-Elwood Public Library District, Will County, Illinois, as follows:

SECTION 1. The following budget and appropriation amounts are adopted for the fiscal year beginning July 1, 2023 and ending June 30, 2024.

Budget Tentative

Salaries/ Personnel expenses 675,000 $877,808

IMRF 60,000 87,000

Health Insurance 60,000 79,000

Staff Development 10,000 14,000

Unemployment Insurance 3,000 4,000

Materials 95,000 123,500

Utilities 29,000 37,700

Programs 20,000 28,000

Debt Repayment 112,000 200,000

IT 18,000 25,400

Online Expenses 61,500 80,950

Legal 35,000 65,500

Membership Fees 2,000 4,000

Misc. Services 15,000 20,500

Operating Supplies 13,000 16,900

Public Relations 12,000 18,000

Technology Improvements 25,000 37,500

Publishing 2,500 4,500

Bldg/Land Improvements 30,000 80,000

Service Expansion 72,000 99,600

Financial Fees and Services 12,872.19 23,000

Total 1,362,872.19 1,926,858

 

BUILDINGS AND EQUIPMENT (.02% SPECIAL TAX)

 

 

Facility Cleaning and Maintenance 17,000 30,000

Outdoor Maintenance 10,000 25,000

Capital Improvements 48,000 85,000

Equipment Repair, Replacement and Maintenance 8,106.25 40,000

Insurance 12,000 20,000

Repair Services 2,500 40,000

Refuse Pickup and Shredding 1,000 1,914

Supplies 4,500 15,000

 

Total 103,106.25 256,914

 

SOCIAL SECURITY SPECIAL TAX

 

Social Security Fund 42,687.30 $ 98,270

SUMMARY

 

Corporate 0.0015xEAV $1,284,572,040 1,223,483.82 1,926,858

Buildings and Equipment (Special Tax) 0.0002 x EAV $1,284,572,040 103,106.25 256,914

Social Security (Special Tax) 0.0000765 x EAV $1,284,572,040 42,687.30 98,270

PA Adjustment 18,388.37

 

Total 1,387,665.74 2,282,042

 

 

 

SECTION 2. As part of the Annual Budget, it is stated:

  1. The cash on hand at the beginning of the fiscal year is $959,723.

 

  1. The estimated cash expected to be received during the fiscal year from all sources is $1,508,666.

 

  1. The estimated expenditures for the fiscal year are $1,508,666.

 

  1. The estimated cash expected to be on hand at the end of the fiscal year is $959,723.

 

  1. The estimated amount of taxes to be received by the Manhattan-Elwood Public Library District during the fiscal year is $1,387,666.

 

  1. The estimated amount of income to be received from sources other than library taxes for the fiscal year is $121,000.

 

 

 

SECTION 3. Funds in the total amount of $2,282,042 or so much thereof as may be authorized by law, be and the same are hereby appropriated as specified.

SECTION 4. All unexpended balances of proceeds received annually from public library taxes not in excess of statutory limits may be transferred to the Special Reserve Fund.

 

 

PASSED by the Board of Library Trustees on September 25, 2023.

 

AYES: 7_______________________________________

 

NAYS: 0

 

ABSENT: 0

 

 

 

 

Tom Murray, President Board of Library Trustees

Manhattan-Elwood Public Library District

 

 

 

ATTEST:

Julie Mason, Secretary

Board of Library Trustees,

Manhattan-Elwood Public Library District

 

 

(SEAL)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

STATE OF ILLINOIS )

) SS.

COUNTY OF WILL )

 

 

 

CERTIFICATE OF AUTHENTICITY

I, Julie Mason, the duly qualified and acting Secretary of the Board of Library Trustees of the Manhattan-Elwood Public Library District, Will County, Illinois, and the keeper of the records thereof, hereby certify that attached hereto is a true and correct copy of an Ordinance entitled:

 

BUDGET AND APPROPRIATION ORDINANCE

 

ORDINANCE NO. 23-5

 

adopted at a regular meeting of the said Board of Library Trustees held on September 25, 2023

 

 

__________________________________

Julie Mason

Board of Library Trustees

Manhattan-Elwood Public Library District

 

Date signed: September 25, 2023

 

 

(Library Seal)

 

Published 10/12/2023

 

 

 

 

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