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Transmittal - 4/11/2023CITY COUNCIL TRANSMITTAL ___________________________________ Date Received: _______________ Lisa Shaffer, Chief Administrative Officer Date sent to Council: __________ ______________________________________________________________________________ TO: Salt Lake City Council DATE: April 11, 2023 Darin Mano, Chair FROM: Mary Beth Thompson, Chief Financial Officer SUBJECT: Fiscal Year 2023-23 Budget for the Salt Lake City Public Library System SPONSOR: Exempt STAFF CONTACT: Debbie Ehrman, Interim Executive Director DOCUMENT TYPE: Budget for the Salt Lake City Public Library System RECOMMENDATION: The Salt Lake City Public Library Board (the Board) unanimously recommends the accompanying FY2023-24 General Fund, Debt Service Fund and Capital Project Fund budgets for the Salt Lake City Public Library System. BUDGET IMPACT: The Board recommends a General Fund budget of $33,012,370, a Debt Service Fund budget of $987,450, and a Capital Project Fund budget of $6,255,400, for the Salt Lake City Public Library System for FY2023-24. BACKGROUND/DISCUSSION: The recommended FY2023-24 General Fund budget of $33,012,370 is $4,413,485 higher than the FY2022-23 General Fund budget, an increase of 15.4 percent. The recommended budget is guided by the following priorities: • The Main Library roof project • A new cooling tower at the Main Library. • Master Facilities Plan Concept Development. The budget provides a salary increase for all eligible staff of 3% for COLA and Longevity. From FY2022-23 to FY2023-24, the Library will see a -0.2 reduction in FTEs resulting from the following changes: • 3.0 FTEs being eliminated by the custodial contract; • The addition of a supervisor of substitute staff – partially funded by reallocated funds; • The addition of a part-time Accounting Specialist; • The addition of a part-time HR Associate; • And the addition of 2.0 Passport Agents – funded by projected revenue increases from expanded hours of the Passport Services. Lisa Shaffer (Apr 11, 2023 10:30 MDT)04/11/2023 04/11/202304/11/2023 The Library is not requesting additional property tax revenue beyond revenue from new growth. Debt Service Fund Budget The Debt Service Fund budget is lower due to the Library refinancing the Glendale and Marmalade Branche bonds. A transfer of $987,450 from the General Fund and Debt Service fund balance reserves will provide adequate resources to meet those obligations through FY2023-24. Capital Project Fund Budget The recommended FY2023-24 Capital Project Fund budget of $6,255,400 reflects the library’s continued commitment to the improvement and maintenance of its capital assets. An additional $1.5 million in funding has been included for facilities and technology. See the accompanying Salt Lake City Public Library Proposed Budget document for additional information and explanation. PUBLIC PROCESS: Library department and branch managers were involved in the budget preparation process. The Library Finance Committee, comprised of board members, vetted the budget prior to the entire Library Board receiving and discussing the budget. The board approved the budget on March 27, 2023. Alejandro Sanchez (Apr 11, 2023 10:25 MDT) The City Library FY23-24 Proposed Budget 2 Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 New Cards Issued 27,243 Cards Received or Used By Cardholders Since 2018 152,756 Physical Materials Checked Out 2,517,961 eBooks Checked Out 345,330 eAudiobooks Checked Out 428,829 Gate Count 929,871 Unique Users 88,426 Storytime Attendance 7,500+ Amount Saved by the Average Patron* $326.31 Total Amount Saved by Patrons $28,854,666.97 * among patrons who had at least one transaction in 2022 The City Library By the Numbers 2022 3Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 Contents Random Acts of Opera performed at the Main Library By the Numbers ...........................................................................2 Organizational Chart .....................................................................4 Letter from the Interim Executive Director & Board President ........5 Staffing Profile ..............................................................................6 Locations .....................................................................................8 Budget Overview ..........................................................................9 General Fund Revenues ........................................................10-11 General Fund Expenditures and eMedia Usage .....................12-13 Debt Service Fund ......................................................................14 Capital Project Fund ...................................................................15 4 Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 Executive Leadership Team (ELT) Organizational Chart 5Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 Thank you for your continued support, Adam Weinacker Library Board President Debbie Ehrman Interim Executive Director Every year during budget season, The City Library takes the opportunity to look to the future as we assess our organization’s needs to maintain a 21st-century Library. This year, the Library set three budgetary goals to achieve while working within current operating budget levels. All three of our goals relate to our most important resource, our staff. March 2023 Mayor Mendenhall, City Council Members, and Residents of Salt Lake City, 1. Invest in competitive compensation and growth opportunities for Library employees through salaries and wages, employee benefits, and professional development. 2. Recruit and retain BIPOC employees. 3. Provide necessary resources for successful job fulfillment through adequate staffing capacities, supporting budgets, training resources, and physical spaces. The City Library prides itself on its fiscal responsibility, and recognizes that capital projects require large investments of money and time. We have four significant capital projects to focus on this upcoming fiscal year. 1. Main’s roof renovation will be a large-scale, involved project. Not only will the behind-the-scenes waterproofing and structural supports be improved, but we will refresh the rooftop into a community-centric, well-shaded, sustainable, and safe space for the enjoyment of the entire city. 2. We will ensure healthy and safe spaces by investing in maintaining and upgrading critical building components. These include fire suppression systems, HVAC, electrical, sewer, and water systems. 3. We will continue to move forward in establishing a physical presence in the Ballpark neighborhood. 4. Lastly, we are working to move forward with the recommendations detailed in our Master Facilities Plan. We are pursuing long-term solutions for the Anderson-Foothill Branch and the Main Library, and determining the most impactful investments we can make on the west-side. As we are in the midst of celebrating our 125th anniversary, this budget further solidifies our place as a cornerstone of the community throughout our long history. We are looking forward to expanding our services, working alongside community members to detail our future, and carrying on the legacy of the dedicated Library staff who came before us. As our Culture Statement declares, “We work together to make lives better” and I’m confident that our budget supports this continued commitment. A letter from the Interim Executive Director & Board President 6 Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 Position FY23 FY24 Difference Accountant 1 1 — Accounting Specialist 1 1.45 0.45 Administrative Assistant 0.475 0.475 — Administrative Manager 1 1 — Assistant Director 7 7 — Assistant Manager 4 4 — Associate Librarian 21.425 20.8 -0.625 Audio Visual Specialist 1 1 — Cataloger 1 1 — Circulation Supervisor 2 2 — Community Gardener Associate 0.45 0.45 — Copy Editor & Public Relations 1 1 — Creative Director 1 1 — Custodial Manager 1 1 — Custodial Supervisor 2 2 — Custodian 18.7 15.7 -3 Data Analyst 1 1 — Delivery Driver 1 1 — Deputy Director 1 1 — Equity & Org Development Associate 1 0 -1 Equity Coordinator 1 1 — Event Associate 1.45 1.45 — Executive Administrative Assistant 1 1 — Executive Director 1 1 — Graphic Designer 1 1 — Help Desk Tech 2 1 -1 Human Resource Associate 3 3.475 0.475 IT Tech 0 1 1 Jr. Designer 1 1 — Junior Project/Account Manager 0.475 0.475 — Librarian 41.45 42 0.55 Library Aide 21.15 19.775 -1.375 Library Assistant 42.3 42.725 0.425 Licensed Clinical Social Worker 1 1 — Literary Project Specialist 1 1 — Logistics Coordinator 1 1 — Maintenance Manager 1 1 — Maintenance Technician 5 5 — Maintenance Supervisor 1 1 — Manager 15 15 — Marketing & Comm Project Manager 1 1 — Network & Systems Engineer 1 1 — The FY24 Budget is an overall decrease of 0.2 FTE. Proposed Staffing Additions: • Financial Services & Human Resources • A supervisor to redefine our substitute employee processes • Two part-time Passport Assistants Proposed Staffing Reductions: • Shift 3 FTEs to contract custodial services Staffing Profile 7Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 Position FY23 FY24 Difference Organizational Development Coordinator 0 1 1 Passport Agent 0 0.9 0.9 Passport Supervisor 1 1 — Procurement & Contracts Manager 1 1 — Safety Associate 8.9 8.9 — Safety Manager 1 1 — Safety Supervisor 2 2 — Senior Network Support Technician 1 1 — Senior Software Support Engineer 1 1 — Service Coordinator 3 3 — Social Media Manager & Photographer 1 1 — Staff Development Coordinator 1 1 — Substitute Supervisor 0 1 1 Tech Services Specialists 2 2 — Technology Assistant 2.25 2.25 — Technology Associate 2.425 2.425 — Technology Librarian 1 1 — Technology Coordinator 1 1 — Trainer 0 1 1 Web Developer 1 1 — Total 242.45 242.25 -0.2 Staffing Profile Continued Catching up with superheroes in the Teen Lounge 8 Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 400 S 20 0 E 13 0 0 E 2100 S 70 0 E 30 0 w 500 S California Ave. Co n c o r d S t . 90 0 w 1000 N 500 N F S t . 9th Ave. 1300 S 600 N 500 S F o o t h i l l D r . H i g h l a n d D r . Sprague Branch Foothill Branch Ballpark Branch Glendale Branch Chapman Branch Main Library Sweet Branch Marmalade Branch Day-Riverside Branch Pages 10 & 11 Revenue Pages 12 & 13 Expenditures Page 14 Debt Service Fund Page 15 Capital Projects Fund Birdwatching with a City Library Binocular Kit Main Library 210 East 400 South 801-524-8200 Anderson-Foothill Branch 1135 South 2100 East 801-594-8611 Ballpark Branch Coming 2023 Chapman Branch 577 South 900 West 801-594-8623 Day-Riverside Branch 1575 West 1000 North 801-594-8632 Glendale Branch 1375 South Concord 801-594-8660 Marmalade Branch 280 West 500 North 801-594-8680 Sprague Branch 2131 South 1100 East 801-594-8640 Corinne & Jack Sweet Branch 455 F Street 801-594-8651 The City Library Locations 9Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 400 S 20 0 E 13 0 0 E 2100 S 70 0 E 30 0 w 500 S California Ave. Co n c o r d S t . 90 0 w 1000 N 500 N F S t . 9th Ave. 1300 S 600 N 500 S F o o t h i l l D r . H i g h l a n d D r . Sprague Branch Foothill Branch Ballpark Branch Glendale Branch Chapman Branch Main Library Sweet Branch Marmalade Branch Day-Riverside Branch Pages 10 & 11 Revenue Pages 12 & 13 Expenditures Page 14 Debt Service Fund Page 15 Capital Projects Fund The City Library FY23-24 Budget Proposal Budget Overview • General Fund Proposed Budget - $33,012,370 • Increase of $4.4M or 15.4% • Higher due to Capital Projects • Debt Service Fund Proposed Budget - $987,450 • Capital Project Fund Proposed Budget - $6,255,400 10 Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 est. Certified Tax Rate .000757 .000741 .000680 .000649 .000615 .000615 Residential property $41.64 $40.76 $37.40 $35.70 $33.83 $33.83 Commercial property $757.00 $741.00 $680.00 $649.00 $615.00 $615.00 This chart reflects the estimated property tax amount for each $100,000 of residential property value and each $1,000,000 of commercial property value. Tax Year 2023 amounts are based on FY23 budgeted real and personal property tax revenue and a zero percent increase in 2022 property values. Significant Revenue Increases • $475,000 in property tax from new growth • $365,000 from interest earnings • $84,500 from passport revenue Personnel • 3% increase for COLA and Longevity • -0.2 FTEs/3 new positions • FT Supervisor of Substitute Staff - Partially funded by reallocating funds • PT Accounting Specialist • PT HR Associate • 2 PT Passport Agents - Funded by projected revenue increase from expanded hours of Passport Services • 3 FTEs eliminated by custodial contract Transfer to Capital Project Fund Transferred approximately $5.8M • Includes $1.5M in designated facilities and technology funds • $4.3M for Capital Projects Fund Balance • Projected fund balance at the end of FY23, is estimated to be 30% of the FY24 budget. • Projected fund balance at the end of FY24, is estimated to be 16.7% of the FY24 budget. Tax Revenues General Fund Revenue FY23-24 Budget Proposal Participants of the Teen Talks series 11Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 Ge n e r a l F u n d R e v e n u e GF 1 FY23 FY23 FY24 FY24 - FY23 FY22 Adopted Revised Proposed Adopted Percent Accounts Actual Budget Budget Budget Difference Change REVENUES TAX REVENUE CURRENT YEAR PROPERTY TAXES (19,281,689)(22,348,440)(22,348,440)(22,786,365)(437,925)2.0% PERSONAL PROPERTY TAXES (2,349,424)(1,892,085)(1,892,085)(1,929,160)(37,075)2.0% PROPERTY TAXES-PASS THROUGH (327,108)(600,000)(600,000)(800,000)(200,000)33.3% DELINQUENT PROPERTY TAXES (439,588)(420,000)(420,000)(450,000)(30,000)7.1% MOTOR VEHICLE TAXES (795,125)(735,000)(735,000)(800,000)(65,000)8.8% JUDGMENT LEVY (116,818)(100,290)(100,290)(100,000)(290)-0.3% TOTAL TAX REVENUE (23,309,752)(26,095,815)(26,095,815)(26,865,525)(769,710)2.9% INTERGOVERNMENTAL REVENUE GRANTS-FEDERAL (81,946)(0)(0)(0)(0)- REIMBURSEMENTS-E RATE (43,470)(35,000)(35,000)(23,700)(11,300)-32.3% GRANTS-STATE (100,287)(47,000)(53,000)(47,000)(0)0.0% RDA REBATE (968,166)(1,000,000)(1,000,000)(900,000)(100,000)-10.0% TOTAL INTERGOVERNMENTAL REVENUE (1,193,869)(1,082,000)(1,088,000)(970,700)(111,300)-10.3% CHARGES FOR SERVICES PRINTER REVENUES (18,763)(15,000)(15,000)(25,000)(10,000)66.7% PASSPORT SERVICES (124,680)(97,000)(97,000)(181,500)(84,500)87.1% NON-RESIDENT FEES (15,649)(14,000)(14,000)(16,000)(2,000)14.3% TOTAL CHARGES FOR SERVICES (159,092)(126,000)(126,000)(222,500)(96,500)76.6% CHARGES FOR LOST/DAMAGED ITEMS CHARGES FOR LOST/DAMAGED ITEMS (20,090)(20,000)(20,000)(20,000)(0)0.0% TOTAL CHARGES FOR LOST/DAMAGED ITEMS (20,090)(20,000)(20,000)(20,000)(0)0.0% MISCELLANEOUS REVENUE INTEREST EARNINGS (1,726)(80,000)(80,000)(445,000)(365,000)456.3% RENTS-FACILITIES (3,830)(15,000)(15,000)(9,500)(5,500)-36.7% RENTS-COMMERCIAL SPACE (90)(28,000)(28,000)(33,105)(5,105)18.2% SUNDRY REVENUES (49,586)(26,000)(26,000)(26,000)(0)0.0% TOTAL MISCELLANEOUS REVENUE (51,780)(149,000)(149,000)(513,605)(364,605)244.7% CONTRIBUTIONS & TRANSFERS DONATIONS (104,380)(67,000)(67,000)(2,500)(64,500)-96.3% TOTAL CONTRIBUTIONS & TRANSFERS (104,380)(67,000)(67,000)(2,500)(64,500)-96.3% FUND BALANCE APPROPRIATED FUND BALANCE-APPROPRIATED (1,059,070)(2,353,070)(4,417,540)(3,358,470)317.1% TOTAL FUND BALANCE APPROPRIATED (0)(1,059,070)(2,353,070)(4,417,540)(3,358,470) TOTAL REVENUES (24,838,963)(28,598,885)(29,898,885)(33,012,370)(4,413,485)15.4% EXPENDITURES PERSONNEL SALARIES & WAGES-REGULAR (10,451,978)(12,383,400)(12,225,810)(12,858,000)(474,600)3.8% OVERTIME-REGULAR (13,666)(0)(22,215)(0)(0)- SALARIES & WAGES-FLEX (151,046)(204,995)(205,730)(146,000)(58,995)-28.8% SOCIAL SECURITY-REGULAR (777,686)(948,600)(938,445)(984,900)(36,300)3.8% SOCIAL SECURITY-FLEX (11,564)(15,685)(15,705)(11,170)(4,515)-28.8% EMPLOYEE INSURANCE (1,476,562)(2,405,900)(2,374,430)(2,316,500)(89,400)-3.7% RETIREE INSURANCE (21,600)(21,600)(21,600)(20,400)(1,200)-5.6% STATE RETIREMENT (1,477,394)(1,775,900)(1,766,950)(1,777,300)(1,400)0.1% WORKERS COMPENSATION (31,140)(42,420)(41,885)(38,600)(3,820)-9.0% UNEMPLOYMENT INSURANCE (0)(3,000)(3,000)(3,000)(0)0.0% OTHER EMPLOYEE BENEFITS (64,244)(111,125)(111,830)(119,065)(7,940)7.1% EMPLOYEE APPRECIATION (7,415)(12,960)(12,960)(13,000)(40)0.3% TOTAL PERSONNEL (14,484,295)(17,925,585)(17,740,560)(18,287,935)(362,350)2.0% MATERIALS & SUPPLIES SUBSCRIPTIONS & MEMBERSHIPS (30,404)(35,715)(37,650)(45,705)(9,990)28.0% PUBLICITY (166,393)(260,795)(260,795)(203,570)(57,225)-21.9% TRAVEL & TRAINING (115,380)(180,675)(187,975)(213,485)(32,810)18.2% OFFICE SUPPLIES & EXPENSE (9,675)(14,000)(14,000)(14,000)(0)0.0% POSTAGE (29,196)(25,500)(25,500)(30,500)(5,000)19.6% SPECIAL DEPARTMENT SUPPLIES (352,584)(408,480)(384,780)(402,930)(5,550)-1.4% PRINTER COPIER PAPER (6,377)(7,000)(7,000)(8,000)(1,000)14.3% PRINTER COPIER TONER (48,453)(54,000)(54,000)(57,000)(3,000)5.6% TOTAL MATERIALS & SUPPLIES (758,462)(986,165)(971,700)(975,190)(10,975)-1.1% BUILDINGS, GROUNDS & EQUIPMENT FUEL (11,185)(12,000)(12,000)(12,000)(0)0.0% MAINTENANCE-EQUIPMENT & FURNITURE (193,584)(298,620)(298,620)(270,390)(28,230)-9.5% MAINTENANCE-VEHICLES (19,556)(12,000)(12,000)(10,500)(1,500)-12.5% MAINTENANCE-BUILDINGS & GROUNDS (621,721)(521,600)(677,235)(755,550)(233,950)44.9% UTILITIES-BOILER OPERATIONS (110,955)(75,000)(75,000)(115,000)(40,000)53.3% UTILITIES-ELECTRICITY (437,068)(454,500)(454,500)(439,000)(15,500)-3.4% UTILITIES-NATURAL GAS (101,867)(94,000)(94,000)(199,500)(105,500)112.2% UTILITIES-CITY SERVICES (74,835)(92,700)(92,700)(94,500)(1,800)1.9% UTILITIES-GARBAGE (36,255)(36,795)(36,795)(39,600)(2,805)7.6% UTILITIES-TELECOMMUNICATIONS (113,547)(135,000)(135,000)(118,855)(16,145)-12.0% TOTAL BUILDINGS, GROUNDS & EQUIPMENT (1,720,573)(1,732,215)(1,887,850)(2,054,895)(322,680)18.6% SERVICES PROFESSIONAL & TECHNICAL SERVICES (120,780)(170,200)(157,750)(123,700)(46,500)-27.3% SECURITY CONTRACTS (26,354)(36,000)(39,500)(45,250)(9,250)25.7% TECHNOLOGY CONTRACTS (315,947)(453,330)(471,330)(592,765)(139,435)30.8% CITY ADMINISTRATIVE CHARGES (24,153)(35,500)(35,500)(30,500)(5,000)-14.1% CATALOGING CHARGES (95,901)(102,000)(102,000)(102,000)(0)0.0% STAFF TRAINING & DEVELOPMENT (34,640)(50,000)(50,000)(64,040)(14,040)28.1% PROGRAMMING (264,041)(296,790)(294,290)(304,895)(8,105)2.7% BOARD DEVELOPMENT (1,518)(7,000)(7,000)(7,000)(0)0.0% INTERLIBRARY LOANS (183)(500)(500)(500)(0)0.0% TOTAL SERVICES (883,517)(1,151,320)(1,157,870)(1,270,650)(119,330)10.4% OTHER CHARGES INSURANCE (359,263)(396,400)(396,400)(439,100)(42,700)10.8% RENTS (90,000)(90,000)(0)(90,000)-100.0% SUNDRY EXPENSE (23,619)(87,500)(87,500)(25,400)(62,100)-71.0% EXECUTIVE DISCRETION (6,000)(15,000)(15,000)(20,000)(5,000)33.3% STAFF INNOVATION (973)(5,000)(5,000)(0)(5,000)-100.0% TOTAL OTHER CHARGES (389,855)(593,900)(593,900)(484,500)(109,400)-18.4% COLLECTIONS & CAPITAL OUTLAYS LAND (0)(0)(1,300,000)(0)(0)- BUILDINGS (127,475)(142,000)(142,000)(0)(142,000)-100.0% IMPROVEMENTS (12,018)(0)(24,000)(0)(0)- EQUIPMENT (12,485)(0)(1,740)(0)(0)- FURNISHINGS (0)(20,000)(20,565)(0)(20,000)-100.0% TECHNOLOGY (0)(0)(5,000)(0)(0)- PRINT MATERIALS (680,930)(659,000)(659,000)(745,000)(86,000)13.1% AUDIO MATERIALS (48,450)(55,000)(55,000)(50,000)(5,000)-9.1% VISUAL MATERIALS (227,525)(350,000)(350,000)(285,000)(65,000)-18.6% DATABASES (201,403)(235,000)(235,000)(210,000)(25,000)-10.6% E BOOKS & AUDIO (735,718)(690,000)(690,000)(875,000)(185,000)26.8% NEWSPAPERS & MAGAZINES (92,688)(100,000)(100,000)(100,000)(0)0.0% TOTAL COLLECTIONS & CAPITAL OUTLAYS (2,138,692)(2,251,000)(3,582,305)(2,265,000)(14,000)0.6% TRANSFERS, GRANTS & DONATIONS TRANSFER TO CAPITAL PROJECT FUND (1,813,500)(2,271,500)(2,271,500)(5,841,700)(3,570,200)157.2% TRANSFER TO DEBT SERVICE FUND (906,944)(1,035,200)(1,035,200)(985,500)(49,700)-4.8% PAYMENTS TO OTHER GOVERNMENTS (327,108)(600,000)(600,000)(800,000)(200,000)33.3% GRANTS-FEDERAL (45,248)(0)(0)(0)(0)- GRANTS-STATE (102,316)(47,000)(53,000)(47,000)(0)0.0% DONATIONS (747)(5,000)(5,000)(0)(5,000)-100.0% TOTAL TRANSFERS, GRANTS & DONATIONS (3,195,863)(3,958,700)(3,964,700)(7,674,200)(3,715,500)93.9% TOTAL EXPENDITURES (23,571,257)(28,598,885)(29,898,885)(33,012,370)(4,413,485)15.4% REVENUES OVER (UNDER) EXPENDITURES (1,267,706)(0)(0)(0)(0) 12 Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 100,000 0 200,000 300,000 400,000 202220212020201920182017 eBookseAudio In 2022: • 428,829 eAudiobooks • 345,330 eBooks $5.11 is the average cost for a paperback ﬁction $43.12 is the average cost for eMedia eMedia Usage 2017-2022 General Fund Significant Expenditure Increases Buildings & Grounds: • Utilities – Significant increase in natural gas costs • Contract Services – Moved to a contract janitorial service at the Main Library for consistent coverage Collections: • eBooks and eAudiobooks – To meet increased demand and costs General Fund Expenditures FY23-24 Budget Proposal GF1 FY23 FY23 FY24 FY24 - FY23 FY22 Adopted Revised Proposed Adopted Percent Accounts Actual Budget Budget Budget Difference Change EXPENDITURES PERSONNEL SALARIES & WAGES-REGULAR (10,451,978)(12,383,400)(12,225,810)(12,858,000)(474,600)3.8% OVERTIME-REGULAR (13,666)(0)(22,215)(0)(0)- SALARIES & WAGES-FLEX (151,046)(204,995)(205,730)(146,000)(58,995)-28.8% SOCIAL SECURITY-REGULAR (777,686)(948,600)(938,445)(984,900)(36,300)3.8% SOCIAL SECURITY-FLEX (11,564)(15,685)(15,705)(11,170)(4,515)-28.8% EMPLOYEE INSURANCE (1,476,562)(2,405,900)(2,374,430)(2,316,500)(89,400)-3.7% RETIREE INSURANCE (21,600)(21,600)(21,600)(20,400)(1,200)-5.6% STATE RETIREMENT (1,477,394)(1,775,900)(1,766,950)(1,777,300)(1,400)0.1% WORKERS COMPENSATION (31,140)(42,420)(41,885)(38,600)(3,820)-9.0% UNEMPLOYMENT INSURANCE (0)(3,000)(3,000)(3,000)(0)0.0% OTHER EMPLOYEE BENEFITS (64,244)(111,125)(111,830)(119,065)(7,940)7.1% EMPLOYEE APPRECIATION (7,415)(12,960)(12,960)(13,000)(40)0.3% TOTAL PERSONNEL (14,484,295)(17,925,585)(17,740,560)(18,287,935)(362,350)2.0% MATERIALS & SUPPLIES SUBSCRIPTIONS & MEMBERSHIPS (30,404)(35,715)(37,650)(45,705)(9,990)28.0% PUBLICITY (166,393)(260,795)(260,795)(203,570)(57,225)-21.9% TRAVEL & TRAINING (115,380)(180,675)(187,975)(213,485)(32,810)18.2% OFFICE SUPPLIES & EXPENSE (9,675)(14,000)(14,000)(14,000)(0)0.0% POSTAGE (29,196)(25,500)(25,500)(30,500)(5,000)19.6% SPECIAL DEPARTMENT SUPPLIES (352,584)(408,480)(384,780)(402,930)(5,550)-1.4% PRINTER COPIER PAPER (6,377)(7,000)(7,000)(8,000)(1,000)14.3% PRINTER COPIER TONER (48,453)(54,000)(54,000)(57,000)(3,000)5.6% TOTAL MATERIALS & SUPPLIES (758,462)(986,165)(971,700)(975,190)(10,975)-1.1% BUILDINGS, GROUNDS & EQUIPMENT FUEL (11,185)(12,000)(12,000)(12,000)(0)0.0% MAINTENANCE-EQUIPMENT & FURNITURE (193,584)(298,620)(298,620)(270,390)(28,230)-9.5% MAINTENANCE-VEHICLES (19,556)(12,000)(12,000)(10,500)(1,500)-12.5% MAINTENANCE-BUILDINGS & GROUNDS (621,721)(521,600)(677,235)(755,550)(233,950)44.9% UTILITIES-BOILER OPERATIONS (110,955)(75,000)(75,000)(115,000)(40,000)53.3% UTILITIES-ELECTRICITY (437,068)(454,500)(454,500)(439,000)(15,500)-3.4% UTILITIES-NATURAL GAS (101,867)(94,000)(94,000)(199,500)(105,500)112.2% UTILITIES-CITY SERVICES (74,835)(92,700)(92,700)(94,500)(1,800)1.9% UTILITIES-GARBAGE (36,255)(36,795)(36,795)(39,600)(2,805)7.6% UTILITIES-TELECOMMUNICATIONS (113,547)(135,000)(135,000)(118,855)(16,145)-12.0% TOTAL BUILDINGS, GROUNDS & EQUIPMENT (1,720,573)(1,732,215)(1,887,850)(2,054,895)(322,680)18.6% SERVICES PROFESSIONAL & TECHNICAL SERVICES (120,780)(170,200)(157,750)(123,700)(46,500)-27.3% SECURITY CONTRACTS (26,354)(36,000)(39,500)(45,250)(9,250)25.7% TECHNOLOGY CONTRACTS (315,947)(453,330)(471,330)(592,765)(139,435)30.8% CITY ADMINISTRATIVE CHARGES (24,153)(35,500)(35,500)(30,500)(5,000)-14.1% CATALOGING CHARGES (95,901)(102,000)(102,000)(102,000)(0)0.0% STAFF TRAINING & DEVELOPMENT (34,640)(50,000)(50,000)(64,040)(14,040)28.1% PROGRAMMING (264,041)(296,790)(294,290)(304,895)(8,105)2.7% BOARD DEVELOPMENT (1,518)(7,000)(7,000)(7,000)(0)0.0% INTERLIBRARY LOANS (183)(500)(500)(500)(0)0.0% TOTAL SERVICES (883,517)(1,151,320)(1,157,870)(1,270,650)(119,330)10.4% OTHER CHARGES INSURANCE (359,263)(396,400)(396,400)(439,100)(42,700)10.8% RENTS (90,000)(90,000)(0)(90,000)-100.0% SUNDRY EXPENSE (23,619)(87,500)(87,500)(25,400)(62,100)-71.0% EXECUTIVE DISCRETION (6,000)(15,000)(15,000)(20,000)(5,000)33.3% STAFF INNOVATION (973)(5,000)(5,000)(0)(5,000)-100.0% TOTAL OTHER CHARGES (389,855)(593,900)(593,900)(484,500)(109,400)-18.4% COLLECTIONS & CAPITAL OUTLAYS LAND (0)(0)(1,300,000)(0)(0)- BUILDINGS (127,475)(142,000)(142,000)(0)(142,000)-100.0% IMPROVEMENTS (12,018)(0)(24,000)(0)(0)- EQUIPMENT (12,485)(0)(1,740)(0)(0)- FURNISHINGS (0)(20,000)(20,565)(0)(20,000)-100.0% TECHNOLOGY (0)(0)(5,000)(0)(0)- PRINT MATERIALS (680,930)(659,000)(659,000)(745,000)(86,000)13.1% AUDIO MATERIALS (48,450)(55,000)(55,000)(50,000)(5,000)-9.1% VISUAL MATERIALS (227,525)(350,000)(350,000)(285,000)(65,000)-18.6% DATABASES (201,403)(235,000)(235,000)(210,000)(25,000)-10.6% E BOOKS & AUDIO (735,718)(690,000)(690,000)(875,000)(185,000)26.8% NEWSPAPERS & MAGAZINES (92,688)(100,000)(100,000)(100,000)(0)0.0% TOTAL COLLECTIONS & CAPITAL OUTLAYS (2,138,692)(2,251,000)(3,582,305)(2,265,000)(14,000)0.6% TRANSFERS, GRANTS & DONATIONS TRANSFER TO CAPITAL PROJECT FUND (1,813,500)(2,271,500)(2,271,500)(5,841,700)(3,570,200)157.2% TRANSFER TO DEBT SERVICE FUND (906,944)(1,035,200)(1,035,200)(985,500)(49,700)-4.8% PAYMENTS TO OTHER GOVERNMENTS (327,108)(600,000)(600,000)(800,000)(200,000)33.3% GRANTS-FEDERAL (45,248)(0)(0)(0)(0)- GRANTS-STATE (102,316)(47,000)(53,000)(47,000)(0)0.0% DONATIONS (747)(5,000)(5,000)(0)(5,000)-100.0% TOTAL TRANSFERS, GRANTS & DONATIONS (3,195,863)(3,958,700)(3,964,700)(7,674,200)(3,715,500)93.9% TOTAL EXPENDITURES (23,571,257)(28,598,885)(29,898,885)(33,012,370)(4,413,485)15.4% REVENUES OVER (UNDER) EXPENDITURES (1,267,706)(0)(0)(0)(0) 13 Ge n e r a l F u n d E x p e n d i t u r e s GF1 FY23 FY23 FY24 FY24 - FY23FY22AdoptedRevisedProposedAdopted Percent Accounts Actual Budget Budget Budget Difference ChangeEXPENDITURESPERSONNELSALARIES & WAGES-REGULAR (10,451,978)(12,383,400)(12,225,810)(12,858,000)(474,600)3.8%OVERTIME-REGULAR (13,666)(0)(22,215)(0)(0)-SALARIES & WAGES-FLEX (151,046)(204,995)(205,730)(146,000)(58,995)-28.8%SOCIAL SECURITY-REGULAR (777,686)(948,600)(938,445)(984,900)(36,300)3.8%SOCIAL SECURITY-FLEX (11,564)(15,685)(15,705)(11,170)(4,515)-28.8%EMPLOYEE INSURANCE (1,476,562)(2,405,900)(2,374,430)(2,316,500)(89,400)-3.7%RETIREE INSURANCE (21,600)(21,600)(21,600)(20,400)(1,200)-5.6%STATE RETIREMENT (1,477,394)(1,775,900)(1,766,950)(1,777,300)(1,400)0.1%WORKERS COMPENSATION (31,140)(42,420)(41,885)(38,600)(3,820)-9.0%UNEMPLOYMENT INSURANCE (0)(3,000)(3,000)(3,000)(0)0.0%OTHER EMPLOYEE BENEFITS (64,244)(111,125)(111,830)(119,065)(7,940)7.1%EMPLOYEE APPRECIATION (7,415)(12,960)(12,960)(13,000)(40)0.3%TOTAL PERSONNEL (14,484,295)(17,925,585)(17,740,560)(18,287,935)(362,350)2.0%MATERIALS & SUPPLIESSUBSCRIPTIONS & MEMBERSHIPS (30,404)(35,715)(37,650)(45,705)(9,990)28.0%PUBLICITY (166,393)(260,795)(260,795)(203,570)(57,225)-21.9%TRAVEL & TRAINING (115,380)(180,675)(187,975)(213,485)(32,810)18.2%OFFICE SUPPLIES & EXPENSE (9,675)(14,000)(14,000)(14,000)(0)0.0%POSTAGE (29,196)(25,500)(25,500)(30,500)(5,000)19.6% SPECIAL DEPARTMENT SUPPLIES (352,584)(408,480)(384,780)(402,930)(5,550)-1.4% PRINTER COPIER PAPER (6,377)(7,000)(7,000)(8,000)(1,000)14.3% PRINTER COPIER TONER (48,453)(54,000)(54,000)(57,000)(3,000)5.6% TOTAL MATERIALS & SUPPLIES (758,462)(986,165)(971,700)(975,190)(10,975)-1.1% BUILDINGS, GROUNDS & EQUIPMENT FUEL (11,185)(12,000)(12,000)(12,000)(0)0.0% MAINTENANCE-EQUIPMENT & FURNITURE (193,584)(298,620)(298,620)(270,390)(28,230)-9.5% MAINTENANCE-VEHICLES (19,556)(12,000)(12,000)(10,500)(1,500)-12.5% MAINTENANCE-BUILDINGS & GROUNDS (621,721)(521,600)(677,235)(755,550)(233,950)44.9% UTILITIES-BOILER OPERATIONS (110,955)(75,000)(75,000)(115,000)(40,000)53.3% UTILITIES-ELECTRICITY (437,068)(454,500)(454,500)(439,000)(15,500)-3.4% UTILITIES-NATURAL GAS (101,867)(94,000)(94,000)(199,500)(105,500)112.2% UTILITIES-CITY SERVICES (74,835)(92,700)(92,700)(94,500)(1,800)1.9% UTILITIES-GARBAGE (36,255)(36,795)(36,795)(39,600)(2,805)7.6% UTILITIES-TELECOMMUNICATIONS (113,547)(135,000)(135,000)(118,855)(16,145)-12.0% TOTAL BUILDINGS, GROUNDS & EQUIPMENT (1,720,573)(1,732,215)(1,887,850)(2,054,895)(322,680)18.6% SERVICES PROFESSIONAL & TECHNICAL SERVICES (120,780)(170,200)(157,750)(123,700)(46,500)-27.3% SECURITY CONTRACTS (26,354)(36,000)(39,500)(45,250)(9,250)25.7% TECHNOLOGY CONTRACTS (315,947)(453,330)(471,330)(592,765)(139,435)30.8% CITY ADMINISTRATIVE CHARGES (24,153)(35,500)(35,500)(30,500)(5,000)-14.1% CATALOGING CHARGES (95,901)(102,000)(102,000)(102,000)(0)0.0% STAFF TRAINING & DEVELOPMENT (34,640)(50,000)(50,000)(64,040)(14,040)28.1% PROGRAMMING (264,041)(296,790)(294,290)(304,895)(8,105)2.7% BOARD DEVELOPMENT (1,518)(7,000)(7,000)(7,000)(0)0.0% INTERLIBRARY LOANS (183)(500)(500)(500)(0)0.0% TOTAL SERVICES (883,517)(1,151,320)(1,157,870)(1,270,650)(119,330)10.4% OTHER CHARGES INSURANCE (359,263)(396,400)(396,400)(439,100)(42,700)10.8% RENTS (90,000)(90,000)(0)(90,000)-100.0% SUNDRY EXPENSE (23,619)(87,500)(87,500)(25,400)(62,100)-71.0% EXECUTIVE DISCRETION (6,000)(15,000)(15,000)(20,000)(5,000)33.3% STAFF INNOVATION (973)(5,000)(5,000)(0)(5,000)-100.0% TOTAL OTHER CHARGES (389,855)(593,900)(593,900)(484,500)(109,400)-18.4% COLLECTIONS & CAPITAL OUTLAYS LAND (0)(0)(1,300,000)(0)(0)- BUILDINGS (127,475)(142,000)(142,000)(0)(142,000)-100.0% IMPROVEMENTS (12,018)(0)(24,000)(0)(0)- EQUIPMENT (12,485)(0)(1,740)(0)(0)- FURNISHINGS (0)(20,000)(20,565)(0)(20,000)-100.0% TECHNOLOGY (0)(0)(5,000)(0)(0)- PRINT MATERIALS (680,930)(659,000)(659,000)(745,000)(86,000)13.1% AUDIO MATERIALS (48,450)(55,000)(55,000)(50,000)(5,000)-9.1% VISUAL MATERIALS (227,525)(350,000)(350,000)(285,000)(65,000)-18.6% DATABASES (201,403)(235,000)(235,000)(210,000)(25,000)-10.6% E BOOKS & AUDIO (735,718)(690,000)(690,000)(875,000)(185,000)26.8% NEWSPAPERS & MAGAZINES (92,688)(100,000)(100,000)(100,000)(0)0.0% TOTAL COLLECTIONS & CAPITAL OUTLAYS (2,138,692)(2,251,000)(3,582,305)(2,265,000)(14,000)0.6% TRANSFERS, GRANTS & DONATIONS TRANSFER TO CAPITAL PROJECT FUND (1,813,500)(2,271,500)(2,271,500)(5,841,700)(3,570,200)157.2% TRANSFER TO DEBT SERVICE FUND (906,944)(1,035,200)(1,035,200)(985,500)(49,700)-4.8% PAYMENTS TO OTHER GOVERNMENTS (327,108)(600,000)(600,000)(800,000)(200,000)33.3% GRANTS-FEDERAL (45,248)(0)(0)(0)(0)- GRANTS-STATE (102,316)(47,000)(53,000)(47,000)(0)0.0% DONATIONS (747)(5,000)(5,000)(0)(5,000)-100.0% TOTAL TRANSFERS, GRANTS & DONATIONS (3,195,863)(3,958,700)(3,964,700)(7,674,200)(3,715,500)93.9% TOTAL EXPENDITURES (23,571,257)(28,598,885)(29,898,885)(33,012,370)(4,413,485)15.4% REVENUES OVER (UNDER) EXPENDITURES (1,267,706)(0)(0)(0)(0) GF1 FY23 FY23 FY24 FY24 - FY23 FY22 Adopted Revised Proposed Adopted Percent Accounts Actual Budget Budget Budget Difference Change EXPENDITURES PERSONNEL SALARIES & WAGES-REGULAR (10,451,978)(12,383,400)(12,225,810)(12,858,000)(474,600)3.8% OVERTIME-REGULAR (13,666)(0)(22,215)(0)(0)- SALARIES & WAGES-FLEX (151,046)(204,995)(205,730)(146,000)(58,995)-28.8% SOCIAL SECURITY-REGULAR (777,686)(948,600)(938,445)(984,900)(36,300)3.8% SOCIAL SECURITY-FLEX (11,564)(15,685)(15,705)(11,170)(4,515)-28.8% EMPLOYEE INSURANCE (1,476,562)(2,405,900)(2,374,430)(2,316,500)(89,400)-3.7% RETIREE INSURANCE (21,600)(21,600)(21,600)(20,400)(1,200)-5.6% STATE RETIREMENT (1,477,394)(1,775,900)(1,766,950)(1,777,300)(1,400)0.1% WORKERS COMPENSATION (31,140)(42,420)(41,885)(38,600)(3,820)-9.0% UNEMPLOYMENT INSURANCE (0)(3,000)(3,000)(3,000)(0)0.0% OTHER EMPLOYEE BENEFITS (64,244)(111,125)(111,830)(119,065)(7,940)7.1% EMPLOYEE APPRECIATION (7,415)(12,960)(12,960)(13,000)(40)0.3% TOTAL PERSONNEL (14,484,295)(17,925,585)(17,740,560)(18,287,935)(362,350)2.0% MATERIALS & SUPPLIES SUBSCRIPTIONS & MEMBERSHIPS (30,404)(35,715)(37,650)(45,705)(9,990)28.0% PUBLICITY (166,393)(260,795)(260,795)(203,570)(57,225)-21.9% TRAVEL & TRAINING (115,380)(180,675)(187,975)(213,485)(32,810)18.2% OFFICE SUPPLIES & EXPENSE (9,675)(14,000)(14,000)(14,000)(0)0.0% POSTAGE (29,196)(25,500)(25,500)(30,500)(5,000)19.6% SPECIAL DEPARTMENT SUPPLIES (352,584)(408,480)(384,780)(402,930)(5,550)-1.4% PRINTER COPIER PAPER (6,377)(7,000)(7,000)(8,000)(1,000)14.3% PRINTER COPIER TONER (48,453)(54,000)(54,000)(57,000)(3,000)5.6% TOTAL MATERIALS & SUPPLIES (758,462)(986,165)(971,700)(975,190)(10,975)-1.1% BUILDINGS, GROUNDS & EQUIPMENT FUEL (11,185)(12,000)(12,000)(12,000)(0)0.0% MAINTENANCE-EQUIPMENT & FURNITURE (193,584)(298,620)(298,620)(270,390)(28,230)-9.5% MAINTENANCE-VEHICLES (19,556)(12,000)(12,000)(10,500)(1,500)-12.5% MAINTENANCE-BUILDINGS & GROUNDS (621,721)(521,600)(677,235)(755,550)(233,950)44.9% UTILITIES-BOILER OPERATIONS (110,955)(75,000)(75,000)(115,000)(40,000)53.3% UTILITIES-ELECTRICITY (437,068)(454,500)(454,500)(439,000)(15,500)-3.4% UTILITIES-NATURAL GAS (101,867)(94,000)(94,000)(199,500)(105,500)112.2% UTILITIES-CITY SERVICES (74,835)(92,700)(92,700)(94,500)(1,800)1.9% UTILITIES-GARBAGE (36,255)(36,795)(36,795)(39,600)(2,805)7.6% UTILITIES-TELECOMMUNICATIONS (113,547)(135,000)(135,000)(118,855)(16,145)-12.0% TOTAL BUILDINGS, GROUNDS & EQUIPMENT (1,720,573)(1,732,215)(1,887,850)(2,054,895)(322,680)18.6% SERVICES PROFESSIONAL & TECHNICAL SERVICES (120,780)(170,200)(157,750)(123,700)(46,500)-27.3% SECURITY CONTRACTS (26,354)(36,000)(39,500)(45,250)(9,250)25.7% TECHNOLOGY CONTRACTS (315,947)(453,330)(471,330)(592,765)(139,435)30.8% CITY ADMINISTRATIVE CHARGES (24,153)(35,500)(35,500)(30,500)(5,000)-14.1% CATALOGING CHARGES (95,901)(102,000)(102,000)(102,000)(0)0.0% STAFF TRAINING & DEVELOPMENT (34,640)(50,000)(50,000)(64,040)(14,040)28.1% PROGRAMMING (264,041)(296,790)(294,290)(304,895)(8,105)2.7% BOARD DEVELOPMENT (1,518)(7,000)(7,000)(7,000)(0)0.0% INTERLIBRARY LOANS (183)(500)(500)(500)(0)0.0% TOTAL SERVICES (883,517)(1,151,320)(1,157,870)(1,270,650)(119,330)10.4% OTHER CHARGES INSURANCE (359,263)(396,400)(396,400)(439,100)(42,700)10.8% RENTS (90,000)(90,000)(0)(90,000)-100.0% SUNDRY EXPENSE (23,619)(87,500)(87,500)(25,400)(62,100)-71.0% EXECUTIVE DISCRETION (6,000)(15,000)(15,000)(20,000)(5,000)33.3% STAFF INNOVATION (973)(5,000)(5,000)(0)(5,000)-100.0% TOTAL OTHER CHARGES (389,855)(593,900)(593,900)(484,500)(109,400)-18.4% COLLECTIONS & CAPITAL OUTLAYS LAND (0)(0)(1,300,000)(0)(0)- BUILDINGS (127,475)(142,000)(142,000)(0)(142,000)-100.0% IMPROVEMENTS (12,018)(0)(24,000)(0)(0)- EQUIPMENT (12,485)(0)(1,740)(0)(0)- FURNISHINGS (0)(20,000)(20,565)(0)(20,000)-100.0% TECHNOLOGY (0)(0)(5,000)(0)(0)- PRINT MATERIALS (680,930)(659,000)(659,000)(745,000)(86,000)13.1% AUDIO MATERIALS (48,450)(55,000)(55,000)(50,000)(5,000)-9.1% VISUAL MATERIALS (227,525)(350,000)(350,000)(285,000)(65,000)-18.6% DATABASES (201,403)(235,000)(235,000)(210,000)(25,000)-10.6% E BOOKS & AUDIO (735,718)(690,000)(690,000)(875,000)(185,000)26.8% NEWSPAPERS & MAGAZINES (92,688)(100,000)(100,000)(100,000)(0)0.0% TOTAL COLLECTIONS & CAPITAL OUTLAYS (2,138,692)(2,251,000)(3,582,305)(2,265,000)(14,000)0.6% TRANSFERS, GRANTS & DONATIONS TRANSFER TO CAPITAL PROJECT FUND (1,813,500)(2,271,500)(2,271,500)(5,841,700)(3,570,200)157.2% TRANSFER TO DEBT SERVICE FUND (906,944)(1,035,200)(1,035,200)(985,500)(49,700)-4.8% PAYMENTS TO OTHER GOVERNMENTS (327,108)(600,000)(600,000)(800,000)(200,000)33.3% GRANTS-FEDERAL (45,248)(0)(0)(0)(0)- GRANTS-STATE (102,316)(47,000)(53,000)(47,000)(0)0.0% DONATIONS (747)(5,000)(5,000)(0)(5,000)-100.0% TOTAL TRANSFERS, GRANTS & DONATIONS (3,195,863)(3,958,700)(3,964,700)(7,674,200)(3,715,500)93.9% TOTAL EXPENDITURES (23,571,257)(28,598,885)(29,898,885)(33,012,370)(4,413,485)15.4% REVENUES OVER (UNDER) EXPENDITURES (1,267,706)(0)(0)(0)(0) 14 Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 Debt Service Fund • Lower because the City refinanced the Glendale and Marmalade Branch bonds Debt Service Fund FY23-24 Budget Proposal Over 10,000 music fans visited Library Square for the 2022 Kilby Block PartyDSF1 FY23 FY23 FY24 FY24 - FY23 FY22 Adopted Revised Proposed Adopted Percent Accounts Actual Budget Budget Budget Difference Change REVENUES INTEREST (7,727)(0)(0)(0)(0)- TRANSFERS (906,944)(1,035,200)(1,035,200)(985,500)(49,700)-4.8% FUND BALANCE-APPROPRIATED (0)(3,500)(3,500)(1,950)(1,550)-44.3% TOTAL REVENUES (899,217)(1,038,700)(1,038,700)(987,450)(51,250)-4.9% EXPENDITURES INTEREST PAYMENTS (300,808)(403,700)(403,700)(181,850)(221,850)-55.0% PRINCIPAL PAYMENTS (600,000)(630,000)(630,000)(801,600)(171,600)27.2% ADMINISTRATIVE FEES (3,387)(5,000)(5,000)(4,000)(1,000)-20.0% FUND BALANCE-UNAPPROPRIATED (0)(0)(0)(0)(0)- TOTAL EXPENDITURES (904,195)(1,038,700)(1,038,700)(987,450)(51,250)-4.9% REVENUES OVER (UNDER) EXPENDITURES (4,978)(0)(0)(0)(0) 15Salt Lake City Public Library Proposed Budget, Fiscal Year 2024 Major Capital Projects Capital Project Fund FY23-24 Budget Proposal • $3.75M for the Main Library roof project • $500,000 for a new cooling tower at the Main Library • $400,000 for the Master Facilities Plan Concept Development • Anderson-Foothill Branch, Main Library & create a west-side plan • $400,000 for PC server and network replacements • $300,000 for Ballpark renovations and collections – carried over from FY23 • $250,000 additional to acquire and implement an HRIS • $200,000 to expand and enhance the camera security system CPF1 FY23 FY23 FY24 FY24 - FY23 FY22 Adopted Revised Proposed Adopted Percent Accounts Actual Budget Budget Budget Difference Change REVENUES INTEREST (18,145)(35,000)(35,000)(0)(35,000)-100.0% SUNDRY REVENUES (1,527)(0)(0)(0)(0)- TRANSFER FROM GENERAL FUND (1,813,500)(2,271,500)(2,271,500)(5,841,700)(3,570,200)157.2% FUND BALANCE-APPROPRIATED (0)(1,595,000)(4,774,670)(413,700)(1,181,300)-74.1% TOTAL REVENUES (1,796,882)(3,901,500)(7,081,170)(6,255,400)(2,353,900)60.3% EXPENDITURES CAP OUTLAY-BUILDINGS (347,290)(2,350,000)(5,212,050)(5,198,500)(2,848,500)121.2% CAP OUTLAY-IMPROVEMENTS (210,821)(69,500)(196,025)(0)(69,500)-100.0% CAP OUTLAY-EQUIPMENT (54,861)(162,000)(220,350)(5,400)(156,600)-96.7% CAP OUTLAY-FURNISHINGS (158,020)(137,000)(259,710)(20,000)(117,000)-85.4% CAP OUTLAY-TECHNOLOGY (467,297)(1,183,000)(1,187,535)(1,031,500)(151,500)-12.8% CAP OUTLAY-FOOTHILL BRANCH RESTRICTED (0)(0)(5,500)(0)(0)- FUND BALANCE-UNAPPROPRIATED (0)(0)(0)(0)(0)- TOTAL EXPENDITURES (1,238,289)(3,901,500)(7,081,170)(6,255,400)(2,353,900)60.3% REVENUES OVER (UNDER) EXPENDITURES (558,593)(0)(0)(0)(0)