1. South Central Library System Financial Overview 2013 System Budget

2. Factors in Budget Development When developing a budget for the System, many factors are taken into account, to include: Member needs and priorities Individual department budgets and resources Financial challenges New Opportunities

3. Financial Challenges 10% cut in State Aid: $228,593 Loss of interest income: $75,000 Reduced LSTA grant income Reduced revenue due to reduction in delivery services (ex: 4 day delivery instead of 5) Increasing supply costs Built in escalators in our contracts with vendors/cost of living increases Broadband increases WRS contribution increases

4. New Opportunities Investing SCLS funds in higher yielding bonds and treasuries to recapture some lost interest income. Establishing corporate accounts with discounted purchasing power, as well as sourcing new vendors, to reduce supply costs. Renegotiated copier lease and building lease to reduce rents. Reduced or eliminated several budget lines on annual budget. Eliminated positions (Delivery Drivers, Associate Director, Technology Projects Manager, computer operator) Reorganized the technology department Collaborating with other Systems and offering services outside our system.

5. System Income 2013 Budget

6. Other Income Sources 2013 Budget Total SCLS 2013 Income Budget

7. System Expenditures 2013 Budget

8. Administration & Coordination Expenses Budget 2013 Total SCLS 2013 Budget

9. Consulting Services Expenses Budget 2013 Total SCLS 2013 Budget2013 Consulting Services Budget

10. Technology Expenses Budget 2013

11. ILS Expenses Budget 2013

12. Delivery Income Sources 2013 Budget Total SCLS 2013 Income Budget

13. Delivery Expenses Budget 2013 Total SCLS 2013 BudgetDelivery 2013 Budget

14. Sources of Funding by Department Revenue Source ILSTechnologyConsultingAdministration & ILL DeliveryTotals State Aid$0$234,000$727,163$702,260$393,944$2,057,367 Interest$33,000 Member Delivery by County $381,892 Other Delivery Library $8,115 Multi-Type/ Inter-System Delivery $1,325,734 WLA Rent$21,651 ILS/Tech Member Payments $1,112,343$745,122$1,857,465 Other$9,960$162,702$75,000$172,662 Totals$1,112,343$989,082$727,163$919,613$2,184,685$5,857,886