Budget 2018 Outline Financial Oversight Revenue o Internally - PowerPoint PPT Presentation

The Prince George P u b l i c L i b r a r y w-w-w.pgpl.ca Budget 2018

Outline Financial Oversight Revenue o Internally Generated Revenue o Grants, Sponsorships, Fundraising & Donations Expenses o Wages & Related Expenses o Operational Expenses & Tangible Capital Asset Investment Materials Expenses General & Administrative Expenses Information Technology & Computer Infrastructure

2017 Board of Trustees From Top Left: Elizabeth MacRitchie Mike Gagel Kirk Walker Mike Erickson Carolynne Burkholder-James Al Idiens Myta Blacklaws Laura Mueller Councillor Terri McConnachie

Revenue Budget2018 Total Budget Budget Deviation 2017 2018 From 2017 Revenue 3. , 934 , 935 4, 033 , 308 98 . , 373 Municipal Funding So ur ces 2 17, 000 217. , 000 0 Pro \rin cial F undin g So ur ces 10 1, 900 1 02 , 700 800 lnte rn a l1y Ge nerated So ur ces Total Revenue $4,253,835 $4,353,008 $99,173

Internally Generated Revenue $102,700 Other 3% Room Rentals Used Books 2% Exam Invigilation 3% 4% Photocopier & Printing 6% Lost, Late & Damaged Materials 82%

Other Contributions Grants, Sponsorships, Fundraising & Donations

Expenses Total Expenses Wages & Related Expenses 500,000 509,000 9,000 Be n efi ts 24,000 24,000 0 Ed ucation & Professional Development 2,286,900 2,385,567 98,667 Wages 14 944 7,500 (7 1 444) Other Staff Associated Costs 2,825,844 2,926,067 $100,223 Operational Expenses & Assets Purch; 23 225 23,050 ( 17 5) Supplies 470, 441 470, 441 0 I 1aterials Costs 207,275 208,2 50 975 General & Administrative 122,600 122,500 (100) Information Technology 484,250 484,500 250 Re nt 113,500 113,500 0 Repairs & I 1aintenance 6,700 4,700 (2,000) Furniture & Eq uipment 1,427, 991 1,426, 941 (1 ,050) Total Expenses & TCA's $4,253,835 $4,353,008 $99,173 Total Expenses & TCA's

Expenses Wages & Related Expenses “I don't know how your hiring committee does it, but in my opinion the staff are the friendliest, most knowledgeable and helpful people found anywhere.” – Ellen Comment received Dec. 16, 2017 Employee costs are 67% of total expenses.

Operational Expenses & Investment in Tangible Capital Assets Furniture & Equipment Supplies 0% 2% Repairs & Maintenance 8% Materials 33% Rent 34% General & Admin Information 15% Technology 8%

Expenses Materials 20% - Audiovisual 23% - Electronic subscriptions (Gale (DVDs, Music CDs, Courses, Ancestry.ca) Books on CD) 57% - Hardcover, Paperbacks, Magazine Subscriptions

Expenses General & Administrative Small Equipment Marketing Non-capital Furniture & Fixtures Postage Association dues Professional Services (collection agency) Audit Fees Programming Bank charges Security Guard Delivery Telephone Insurance Mileage Janitor supplies Utilities

Expenses Information Technology & Computer Infrastructure

Thank you on behalf of our board, staff, and 55,000 library cardholders!