Fiscal Year 2023

FY2023 Chief Executive Officer's Budget Message (pdf)

FY2023 Annual Budget Full (pdf)

     
    St. Charles City-County Library District
    2023 Annual Budget
General Fund   (July 1, 2022 through June 30, 2023)
 
Statement of Budgeted
Revenues and Expenditures		 2021
Actual		   2022
Actual		   2023
Budget		 % Change 2022-23
 
BEGINNING FUND BALANCE    20,706,599      21,488,156    24,149,325  
 
REVENUES:            
  Property and Other Taxes     20,195,836      20,970,562     21,038,520 0.3%
  State Aid, Federal Aid & Grants          726,566           359,916           332,435 -7.6%
  Investment Earnings            83,209            (66,002)              30,010 -145.5%
  Charges for Services            67,942           211,216           217,775 3.1%
  Donations              1,760               2,727              1,080 -60.4%
  Miscellaneous            85,259             53,678            47,070 -12.3%
  TOTAL REVENUE     21,160,572      21,532,097     21,666,890 0.6%
 
EXPENDITURES:            
  Salaries & Benefits    11,705,968      11,683,692     12,945,904 10.8%
  Library Materials (pdf)      3,148,808        3,255,430       3,576,175 9.9%
  Operations      2,134,399        2,060,408       2,708,343 31.4%
  Technology & Telecommunication      1,089,141           913,389       1,348,326 47.6%
  TOTAL OPERATING EXPENDITURES    18,078,316      17,912,919     20,578,748 14.9%
 
CAPITAL:            
  Special and Building Projects      2,300,699           958,009       2,208,500 130.5%
  TOTAL EXPENDITURES    20,379,015      18,870,928      22,787,248 20.8%
CHANGE IN FUND BALANCE         781,557         2,661,169     (1,120,358) -142.1%
ENDING ACTUAL/PROJECTED FUND BALANCE    21,488,156       24,149,325      23,028,967 -4.6%
   
   
ADDITIONAL INFORMATION:  
Revenue is primarily based on property tax. The fiscal year 2023 tax rate was set by the Board of Trustees at the September 2022 Board Meeting. The FY2023 tax rate is $0.1908 per $100 of valuation. The Library District tax rate approved by voters is $0.2600. Detailed budget information is available upon request to custodian@stchlibrary.org.

 

Fiscal Year 2022

FY2022 Library Director's Budget Message (pdf)

FY2022 Annual Budget Full (pdf)

 

Fiscal Year 2021

Fiscal Year 2021 Annual Budget Summary (pdf)

Fiscal Year 2020 Annual Budget Summary (pdf)