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045 of 2024 - Budget for the Library Fund of Salt Lake City FY 2024-25SALT LAKE CITY ORDINANCE No. 45 of 2024 (Adopting the budget for the Library Fund of Salt Lake City, Utah for fiscal year 2024-2025) Pursuant to the provisions of Section 10-6-111 of the Utah Code, the City Budget Officer prepared and filed with the City Council a tentative budget in proper form for all funds for which budgets are required by said law, including the tentative budget for the Library Fund, for fiscal year 2024-2025. The tentative budget was accompanied by a budget message as required by law. The tentative budget, including the tentative budget for the Library Fund, was adopted by the City Council in Resolution No. 13 of 2024, on May 7th, 2024. Section 10-6-118 of the Utah Code requires that before the 30th day of June of each fiscal year, or before September 1, in case of a property tax increase under Sections 59-2-919 through 59-2-923 of the Utah Code, the governing body shall, by resolution or ordinance, adopt a budget for the ensuing fiscal year for each fund for which a budget is required. The City budget officer has now prepared a budget for the Library Fund, in proper form. NOW, THEREFORE, be it ordained by the City Council of Salt Lake City: SECTION 1. PURPOSE. The purpose of this ordinance is to adopt the budget for the Library Fund, for fiscal year 2024-2025. All conditions precedent to the adoption of the budget for the Library Fund have been accomplished. SECTION 2. ADOPTION OF BUDGET. The budget attached hereto and made a part of this Ordinance, shall be, and the same hereby is adopted as the budget for the Library Fund of the City for the fiscal year beginning July 1, 2024, and ending June 30, 2025, in accordance with the requirements of Sections 10-6-105, 10-6-118 and 59-2-923 of the Utah Code. The budget for the Library Fund is subject to the approval of the Mayor and reconsideration of the City Council pursuant to Section 10-3b-204 of the Utah Code. SECTION 3. FILING OF BUDGET. The City Budget Officer is hereby authorized and directed to certify and file copies of the budget with the State Auditor as required by Section 10- 6-118 of the Utah Code. SECTION 4. PUBLIC INSPECTION. The City Budget Officer is hereby authorized and directed to certify and file copies of the budget in the office of said Budget Officer and in the Office of the City Recorder whose permanent office is located at 451 South State Street, Room 415, Salt Lake City, UT 84111, which budget shall be available for public inspection during regular business hours as required by Section 10-6-119 of the Utah Code. 2024. SECTION 5. EFFECTIVE DATE. This Ordinance shall become effective on July 1, Passed by the City Council of Salt Lake City, Utah, this 1 lth day of June, 2024. Victoria Petro (Jun 13, 202412:18 MDT) Victoria Petro, Council Chair ATTEST: Cindy Lou Trishman, City Recorder Transmitted to the Mayor on Jun 13, 2024 Mayor's Action: 0 Approved. ❑ Vetoed. Q.-A-18 Erin Mendenha (Jun 17, 202419:49 MDT) Erin Mendenhall, Mayor ATTEST: Cindy Lou Trishman, City Recorder APPROVED AS TO FORM Salt Lake City Attomey's Office Date: J u n 12, 2024 �AI• By: Katherine Lewis, City Attorney Bill No. 45 of 2024. Published: June 19, 2024 SALT LAKE CITY PUBLIC LIBRARY FY2024-25 GENERAL FUND BUDGET - PROPOSED FY24 FY25 FY23 Revised Proposed FY25 - FY24 Percent Accounts Actual Budget Budget Difference Change REVENUES TAX REVENUE CURRENT YEAR PROPERTY TAXES 22,209,135 22,971,395 28,647,793 5,676,398 24.7% PERSONAL PROPERTY TAXES 2,465,830 1,944,825 2,284,361 339,536 17.5% PROPERTY TAXES -PASS THROUGH 987,705 800,000 1,280,000 480,000 60.0% DELINQUENT PROPERTY TAXES 522,290 450,000 450,000 0 0.0% MOTOR VEHICLE TAXES 834,225 800,000 800,000 0 0.0% JUDGMENT LEVY 141,026 293,205 0 -293,205 -100.0% PROPERTY TAXES (CONTINGENCY) 0 0 1,162,066 1,162,066 100.0% TOTAL TAX REVENUE 27,160,211 27,259,425 34,624,220 7,364,795 27.0% INTERGOVERNMENTAL REVENUE GRANTS -FEDERAL 0 0 400,000 400,000 100.0% REIMBURSEMENTS-E RATE 21,424 23,700 20,000 -3,700 -15.6% GRANTS -STATE 49,921 47,000 44,000 -3,000 -6.4% RDA REBATE 849,099 900,000 850,000 -50,000 -5.6% TOTAL INTERGOVERNMENTAL REVENUE 920,444 970,700 1,314,000 343,300 35.4% CHARGES FOR SERVICES PRINTER REVENUES 24,070 25,000 20,000 -5,000 -20.0% PASSPORT SERVICES 215,571 181,500 145,000 -36,500 -20.1% NON-RESIDENT FEES 17,179 16,000 16,000 0 0.0% TOTAL CHARGES FOR SERVICES 256,820 222,500 181,000 -41,500 -18.7% CHARGES FOR LOST/DAMAGED ITEMS CHARGES FOR LOST/DAMAGED ITEMS 19,680 20,000 20,000 0 0.0% TOTAL CHARGES FOR LOST/DAMAGED ITEMS 19,680 20,000 20,000 0 0.0% MISCELLANEOUS REVENUE INTEREST EARNINGS 644,411 445,000 150,000 -295,000 -66.3% RENTS -FACILITIES 9,309 9,500 9,500 0 0.0% RENTS -COMMERCIAL SPACE 9,910 33,105 30,000 -3,105 -9.4% SUNDRY REVENUES 14,369 26,000 15,150 -10,850 -41.7% TOTAL MISCELLANEOUS REVENUE 677,999 513,605 204,650 -308,955 -60.2% CONTRIBUTIONS & TRANSFERS DONATIONS 9,294 2,500 2,500 0 0.0% TOTAL CONTRIBUTIONS & TRANSFERS 91294 2,500 2,500 0 0.0% FUND BALANCE APPROPRIATED FUND BALANCE -APPROPRIATED 0 4,023,640 0 -4,023,640 -100.0% TOTAL FUND BALANCE APPROPRIATED 0 4,023,640 0 -4,023,640 -100.0% GF1 SALT LAKE CITY PUBLIC LIBRARY FY2024-25 GENERAL FUND BUDGET - PROPOSED Accounts FY23 Actual FY24 Revised Budget FY25 Proposed Budget FY25 - FY24 Difference Percent Change TOTAL REVENUES 29,044,448 33,012,370 36,346,370 3,334,000 10.1% EXPENDITURES PERSONNEL SALARIES & WAGES -REGULAR 11,788,485 12,858,000 14,177,986 1,319,986 10.3% OVERTIME -REGULAR 26,264 0 15,000 15,000 100.0% SALARIES & WAGES -FLEX 178,385 146,000 155,345 9,345 6.4% SOCIAL SECURITY -REGULAR 880,148 984,900 1,084,616 99,716 10.1% SOCIAL SECURITY -FLEX 13,615 11,170 11,390 220 2.0% EMPLOYEE INSURANCE 1,663,774 2,316,500 2,746,835 430,335 18.6% RETIREE INSURANCE 20,400 20,400 60,020 39,620 194.2% STATE RETIREMENT 1,653,728 1,777,300 2,125,631 348,331 19.6% WORKERS COMPENSATION 23,789 38,600 43,073 4,473 11.6% UNEMPLOYMENT INSURANCE 2,784 3,000 3,000 0 0.0% OTHER EMPLOYEE BENEFITS 83,403 119,065 97,565 -21,500 -18.1% EMPLOYEE APPRECIATION 91550 13,000 13,400 400 3.1% TOTAL PERSONNEL 16,344,325 18,287,935 20,533,861 2,245,926 12.3% MATERIALS & SUPPLIES SUBSCRIPTIONS & MEMBERSHIPS 32,031 45,705 46,063 358 0.8% PUBLICITY 229,540 203,570 249,700 46,130 22.7% TRAVEL & TRAINING 179,258 213,485 221,384 7,899 3.7% OFFICE SUPPLIES & EXPENSE 13,346 14,000 14,000 0 0.0% POSTAGE 29,221 30,500 31,850 1,350 4.4% SPECIAL DEPARTMENT SUPPLIES 301,910 402,930 435,476 32,546 8.1% PRINTER COPIER PAPER 8,769 8,000 9,000 1,000 12.5% PRINTER COPIER TONER 54,120 57,000 65,000 8,000 14.0% TOTAL MATERIALS & SUPPLIES 848,195 975,190 1,072,473 97,283 10.0% BUILDINGS, GROUNDS & EQUIPMENT FUEL MAINTENANCE -EQUIPMENT & FURNITURE MAINTENANCE -VEHICLES MAINTENANCE -BUILDINGS & GROUNDS UTILITIES -BOILER OPERATIONS UTILITIES -ELECTRICITY UTILITIES -NATURAL GAS UTILITIES -CITY SERVICES UTILITIES -GARBAGE UTILITIES -TELECOMMUNICATIONS TOTAL BUILDINGS, GROUNDS & EQUIPMENT 10,511 12,000 12,000 0 0.0% 235,281 312,390 360,752 48,362 15.5% 81384 10,500 10,500 0 0.0% 669,670 748,440 729,650 -18,790 -2.5% 99,643 115,000 115,000 0 0.0% 424,572 439,000 439,000 0 0.0% 273,640 199,500 199,500 0 0.0% 93,827 94,500 94,500 0 0.0% 37,829 39,600 39,600 0 0.0% 94,176 76,855 109,963 33,108 43.1% 1,947,533 2,047,785 2,110,465 62,680 3.1% GF2 SALT LAKE CITY PUBLIC LIBRARY FY2024-25 GENERAL FUND BUDGET - PROPOSED FY24 FY25 FY23 Revised Proposed FY25 - FY24 Percent Accounts Actual Budget Budget Difference Change SERVICES PROFESSIONAL & TECHNICAL SERVICES 137,352 123,700 451,436 327,736 264.9% SECURITY CONTRACTS 54,066 45,250 53,400 8,150 18.0% TECHNOLOGY CONTRACTS 494,799 592,765 850,202 257,437 43.4% CITY ADMINISTRATIVE CHARGES 0 30500 30500 0 0.0% CATALOGING CHARGES 102,069 102,000 117,000 15,000 14.7% STAFF TRAINING & DEVELOPMENT 42,200 64,040 98,186 34,146 53.3% PROGRAMMING 265,557 304,895 307,345 2,450 0.8% BOARD DEVELOPMENT 12,549 7,000 10,000 3,000 42.9% INTERLIBRARY LOANS 633 500 650 150 30.0% TOTAL SERVICES 1,109,225 1,270,650 1,918,719 648,069 51.0% OTHER CHARGES INSURANCE 372,901 439,100 559,572 120,472 27.4% RENTS 0 0 0 0 0.0% SUNDRY EXPENSE 70,600 25,400 31,230 5,830 23.0% EXECUTIVE DISCRETION 41043 20,000 20,000 0 0.0% STAFF INNOVATION 0 0 0 0 0.0% TOTAL OTHER CHARGES 447,544 484,500 610,802 126,302 26.1% COLLECTIONS & CAPITAL OUTLAYS LAND 1,279,479 0 0 0 0.0% BUILDINGS 21710 0 0 0 0.0% IMPROVEMENTS 0 660 0 -660 -100.0% EQUIPMENT 11,737 6,450 0 -6,450 -100.0% FURNISHINGS 6,645 0 0 0 0.0% TECHNOLOGY 2,499 0 9,600 9,600 100.0% PRINT MATERIALS 653,608 745,000 885,000 140,000 18.8% AUDIO MATERIALS 45,176 50,000 95,000 45,000 90.0% VISUAL MATERIALS 184,455 285,000 325,000 40,000 14.0% DATABASES 214,589 210,000 250,000 40,000 19.0% E BOOKS & AUDIO 814,782 875,000 1,300,000 425,000 48.6% NEWSPAPERS & MAGAZINES 89,344 100,000 100,000 0 0.0% TOTAL COLLECTIONS & CAPITAL OUTLAYS 3,305,024 2,272,110 2,964,600 692,490 30.5% GF3 SALT LAKE CITY PUBLIC LIBRARY FY2024-25 GENERAL FUND BUDGET - PROPOSED FY24 FY25 FY23 Revised Proposed FY25 - FY24 Percent Accounts Actual Budget Budget Difference Change TRANSFERS, GRANTS & DONATIONS TRANSFER TO CAPITAL PROJECT FUND 2,271,500 5,841,700 3,794,000 -2,047,700 -35.1% TRANSFER TO DEBT SERVICE FUND 936,925 985,500 986,000 500 0.1% PAYMENTS TO OTHER GOVERNMENTS 987,705 800,000 1,280,000 480,000 60.0% GRANTS -FEDERAL 0 0 0 0 0.0% GRANTS -STATE 50,421 47,000 47,000 0 0.0% DONATIONS 6,202 0 0 0 0.0% TOTAL TRANSFERS, GRANTS & DONATIONS 4,252,753 7,674,200 6,107,000 -1,567,200 -20.4% TOTAL EXPENDITURES 28,254,599 33,012,370 35,317,920 2,305,550 7.0% REVENUES OVER (UNDER) EXPENDITURES 789,849 0 1,028,450 G F4 SALT LAKE CITY PUBLIC LIBRARY FY2024-25 DEBT SERVICE FUND BUDGET - PROPOSED FY24 FY25 FY23 Revised Proposed FY25 - FY24 Percent Accounts Actual Budget Budget Difference Change REVENUES INTEREST 4,345 0 0 0 0.0% TRANSFERS 936,925 985,500 986,000 500 0.1% FUND BALANCE -APPROPRIATED 0 1,950 0 -1,950 -100.0% TOTAL REVENUES 941,270 -0.1% 987,450 986,000 -1,450 EXPENDITURES INTEREST PAYMENTS 218,708 181,850 176,500 -5,350 -2.9% PRINCIPAL PAYMENTS 765,000 801,600 805,000 3,400 0.4% ADMINISTRATIVE FEES 3,475 4,000 4,500 500 12.5% FUND BALANCE -UNAPPROPRIATED 0 0 0 0 0.0% TOTAL EXPENDITURES 987,183 -0.1% 987,450 986,000 -1,450 REVENUES OVER (UNDER) EXPENDITURES -45,913 0 0 0 DSFS SALT LAKE CITY PUBLIC LIBRARY FY2024-25 CAPITAL PROJECT FUND BUDGET - PROPOSED FY24 FY25 FY23 Revised Proposed FY25-FY24 Percent Accounts Actual Budget Budget Difference Change REVENUES INTEREST 277,698 0 0 0 0.0% SUNDRY REVENUES 2,104 0 0 0 0.0% TRANSFER FROM GENERAL FUND 2,271,500 5,841,700 3,794,000 -2,047,700 -35.1% FUND BALANCE -APPROPRIATED 0 5,278,155 300,000 -4,978,155 -94.3% TOTAL REVENUES 2,551,302 11,119,855 4,094,000-7,025,855 -63.2% EXPENDITURES CAP OUTLAY -BUILDINGS 913,474 9,200,335 899,000 -8,301,335 -90.2% CAP OUTLAY -IMPROVEMENTS 99,544 78,445 470,000 391,555 499.1% CAP OUTLAY -EQUIPMENT 154,620 17,935 0 -17,935 -100.0% CAP OUTLAY -FURNISHINGS 18,977 298,910 19,000 -279,910 -93.6% CAP OUTLAY -TECHNOLOGY 541,609 1,524,230 900,000 -624,230 -41.0% CAP OUTLAY -FOOTHILL BRANCH RESTRICTED 0 0 0 0 0.0% CAP OUTLAY (CONTINGENCY PROJECTS) 5,500 0 1,778,000 1,778,000 100.0% FUND BALANCE -UNAPPROPRIATED 0 0 28,000 28,000 0.0% TOTAL EXPENDITURES -63.2% 1,733,724 11,119,855 4,094,000 -7,025,855 REVENUES OVER (UNDER) EXPENDITURES 817,578 0 0 0 CPF6 H2 - FY25 Adopting Final Audit Report Budget for Library Fund 2024-06-18 Created: 2024-06-12 By: Thais Stewart (thais.stewart@slcgov.com) Status: Signed Transaction ID: CBJCHBCAABAAF1P wBWikPdmDuxyb6WU61DMKeItTn9 "H2 - FY25 Adopting Budget for Library Fund" History Document created by Thais Stewart (thais.stewart@slcgov.com) 2024-06-12 - 5:26:23 PM GMT Document emailed to Katherine Lewis (katherine.lewis@slcgov.com) for signature 2024-06-12 - 5:29:08 PM GMT Email sent to sophia.allen@slcgov.com bounced and could not be delivered 2024-06-12 - 5:29:25 PM GMT Email viewed by Katherine Lewis (katherine.lewis@slcgov.com) 2024-06-12 - 6:08:03 PM GMT Document e-signed by Katherine Lewis (katherine.lewis@slcgov.com) Signature Date: 2024-06-12 - 6:22:24 PM GMT - Time Source: server Document emailed to victoria.petro@slcgov.com for signature 2024-06-12 - 6:22:26 PM GMT Email viewed by victoria.petro@slcgov.com 2024-06-13 - 6:18:19 PM GMT Signer victoria.petro@slcgov.com entered name at signing as Victoria Petro 2024-06-13 - 6:18:33 PM GMT Document e-signed by Victoria Petro (victoria.petro@slcgov.com) Signature Date: 2024-06-13 - 6:18:35 PM GMT - Time Source: server Document emailed to Erin Mendenhall (erin.mendenhall@slcgov.com) for signature 2024-06-13 - 6:18:37 PM GMT Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com) 2024-06-13 - 7:34:18 PM GMT Powered by f Adobe Acrobat Sign Document e-signed by Erin Mendenhall (erin.mendenhall@slcgov.com) Signature Date: 2024-06-18 - 1:49:02 AM GMT - Time Source: server Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature 2024-06-18 - 1:49:04 AM GMT Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com) Signature Date: 2024-06-18 - 5:38:18 PM GMT - Time Source: server Agreement completed. 2024-06-18 - 5:38:18 PM GMT Powered by f Adobe Acrobat Sign