scroll to top
Press enter or spacebar to select a desired language.
Press enter or spacebar to select a desired language.

Budgets, Plans & Reports

Fiscal Year 2024

FY2024 Annual Budget Full (pdf)

St. Charles City-County Library District
2024 Annual Budget
General Fund (July 1, 2023 through June 30, 2024)

Statement of Budgeted
Revenues and Expenditures
2022
Actual
2023
Forecast
2024
Budget
% Change 2023-24

BEGINNING FUND BALANCE    21,488,156    24,149,325  26,780,956

REVENUES:
  Property and Other Taxes     20,970,562    22,017,733   23,284,200 5.8%
  State Aid, Federal Aid & Grants          359,916         776,241          96,500 -87.6%
  Investment Earnings           (66,002)          160,000          110,160 -31.2%
  Charges for Services            211,216         319,814         321,360 0.5%
  Donations              2,727                410                340 -17.1%
  Miscellaneous            53,678           95,000           41,290 -56.5%
  TOTAL REVENUE     21,532,097     23,369,198     23,853,850 2.1%

EXPENDITURES:
  Salaries & Benefits    11,683,692    11,809,114   14,204,764 20.3%
  Library Materials (pdf)      3,255,430      3,375,537     4,282,525 26.9%
  Operations      2,060,408     2,614,892     2,882,355 10.2%
  Technology & Telecommunication      913,389     1,090,579     1,241,465 13.8%
  TOTAL OPERATING EXPENDITURES    17,912,919    18,890,122    22,611,109 19.7%

CAPITAL:
  Special and Building Projects      958,009      1,847,445     4,608,500 149.5%
  TOTAL EXPENDITURES    18,870,928     20,737,567   27,219,609 31.3%
CHANGE IN FUND BALANCE      2,661,169      2,631,631   (3,365,759) -227.9%
ENDING ACTUAL/PROJECTED FUND BALANCE    24,149,325      26,780,956    23,415,197 -12.6%
ADDITIONAL INFORMATION:
Revenue is primarily based on property tax. The fiscal year 2024 tax rate will be set by the Board of Trustees at the September 2023 Board Meeting. The FY2024 tax rate is $0.1725 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.

Prior Years' Budgets

FY2023 Annual Budget Full (pdf)

FY2022 Annual Budget Full (pdf)

FY2021 Annual Budget Full (pdf)

All Branches Closed

All Library branches are closed today, Monday, May 27 in observance of Memorial Day.