The 2001 Budget

One goal of the Friends is to provide grants to the libraries to supplement their activities. Our primary source of funds is the Annual Book Sale held each fall. Once the sale is complete, we are then able to plan our expense budget for the upcoming financial year which runs from January to December. Since we do not undertake multi-year projects, our aim is to award as many grants to the libraries as available cash allows.

For 2001, the amount available for the expense budge tit $68,000, which we plan to spend as follows. The largest allocations are in the annual grant to the libraries to supplement their activities plus two special grants: one for the traveling puppet shows and the other for a computer to ease tracking the Friends grants and ongoing book sale expenditures.

Grants to the branch libraries ($1000 for each of the 19 branches)	$19,000
Grant to the central library (including the History Center & system-wide activities)	$16,000
Grant for travelling puppet shows	$12,000
Grant for computer	$ 1,500
Total grants to the libraries	$48,500

The remainder of the budget is allocated to the following four categories:
Book sale costs (e.g. hall rental, transportation, advertising)	$13,000
Cost of other sales (bookbags)	$ 2,500
Cost for membership services (newsletter and annual meeting)	$ 2,000
Administration costs (e.g. insurance and bank fees)	$ 2,000
Total non-grant expenses	$19,500

Total expense budget	$68,000

David Capshaw
Quentin Fenessy
Ed Burns