2. Southeast Regional Library Funding
Provincial funding pays for:
Municipality/fundraising pays for:
New materials (books, DVDs, video games, etc.)
Weekly van delivery
E-resources (ebooks, Hoopla, etc.)
Payroll system
HQ staff (7FT, 1PT )
Computers
Processing and cataloguing
Vehicles (gas, insurance, maintenance, replacement)
Provincial program coordination (Summer Reading Club, makerspace kits, literacy kits, etc.)
Library Building (mortgage, utilities, insurance, janitorial, maintenance, renovations)
Branch staff salaries
SILS fees
Office supplies
Advertising and promotions
Additional library materials
Local programming (storytime, book clubs, author readings, etc.)

3. What does the loss of $565,000 mean to Southeast Regional Library?
2016 Provincial Grant: $961,723
2017 Provincial Grant: $396,230
Difference: $565,493
Spent as of Mar 31 on operations: $230,000
Spent as of Mar 31 on materials: $40,000
Total spent as of Mar 31: $270,000
Funds remaining for Apr-Dec 2017:
$126,230 of Provincial Grant
$230,000 of Sustainability Reserves as Apr 1
Total: $356,230. Amended monthly budget: $39,581

4. From this…

5. To this...

6. What does an increase of $0.00 look like?

7. What does an increase of $3.35 look like?
Savings
Limited trustee and executive expenses $10,900
No honoraria’s for executive members $ 3,800
Retirement of Director $12,000
Two FT staff positions at HQ $66,600
Limited staff professional development or travel $ 6,500
Janitorial, cleaners, alarm system & other operating expenses $14,000
Limited office equipment and supplies $ 6,600
Supplies for books materials $ 1,500
Reduced telephone HQ $ 1,650
Reduced funds for our staff workshops $ 4,000
Unplating two vehicles (fuel and maintenance) $ 8,000
Reduced postage $ 1,800
E-services (except Flipster) $50,000
Total Savings $187,350

8. Savings from HQ = $187,350 Loss from the Provincial Government = $565,000 $3.35 from Municipalities = $314, (based on pop. 93,851 Reserves = $ 63,249.15