2020 FVRL - Budget Hig ighlights Budget Process S BOARD T - - PowerPoint PPT Presentation

2020 – FVRL - Budget Hig ighlights

Budget Process

Member Staff &

BOARD

Consult &

presentation

May/June Executive Team

Finalize Guidelines

Late June FVRL Staff Prepare & Finalize Budget June-Aug. Member Staff Second Consult &

Presentation

Sept

BOARD

Receives Staff Prepared Budget Sept Board M.

BOARD

Selects Preferred Budget Option Oct Board M.

BOARD

Weighted Voted Nov Board M.

S T R A T E G I C P L A N

GIVE Board or Individual Member direction ASAP!

2020 – 2024 FVRL Budget - City of Abbotsford

FVRL 3%

The Rest 97%

Municipal Services

2020

• 2.77% or $118,000 increase over fiscal 2019
• Total FVRL Assessment of $4.367M or $27.6 per capita

2021 – 2024 2.5% – 2.85% range

FV FVRL mak akes up ab about 3% 3% of

• f

your municip ipal l budget.

(the 2.77 2.77% increase tra ranslates to

• a

a 0.083 0.083% inc ncrease for

• r you

your av average taxpayer!)

2020 Budget Increase – City of Abbotsford

$83,630 or 1.90% “BASE” (Staff Salary and Benefits & Inflation) 3,213 or 0.08% P1: Materials Reserve – Dedicated Revenue Transfer 17,552 or 0.34% P2: Materials Purchases – Brings increase to 4% (from 2% in “BASE”) 4,272 or 0.10% P3: Administration Centre - Capital Reserve Transfer Increase 5,060 or 0.10% P4: Central Program Staff Position (net 3day/week) 3,839 or 0.07% P5: Materials Purchasing Staff Position (net 3day/week) $117,567 or 2.7 .77% Total In Increase*

* Actual l in incr creases vary ary by y Member due to

• th

the im impacts of

• f th

the FV FVRL Fu Fundin ing Formula la. The AVERAGE 20 2020 20 in incr crease in in th the FV FVRL Ass ssessment is is 2.5 2.59%.

91.5% Member Assessment 5.5% Provincial Grants 0.60% Donations 1.4% Fine Revenue 1% Bake Sales

$29.2M Total Budget Revenues: Mostly member assessment… a good thing (for FVRL)

2020 Budget: Financial Operations - Revenue

Teen Tuesday

(Abbotsford Library)

2019 Budget: Financial Operations - Expenses

Expenses: Stable and predictable; Mostly Staffing

70% Staffing (S&B) 16.5% Materials 8.5% All the Rest! 5% IT (incl. Tel)

Puzzle Contest

(Clearbrooke Puzzle Contest)

2017 Total Costs: All BC Libraries > 15,000 pop.

Libraries Serving >=100,000 population Location Population Served Salaries & Benefits Materials* Computer Sys. & Telecomm. Other Expenditures** Total Expenditures** Local Govt support/ expenditure per capita, excl. facilities Fort St. John Public Library Association 34,159 13.93 1.68 1.05 1.84 18.50 $12.17 Penticton Public Library 33,964 24.76 5.59 0.97 1.93 33.25 $25.34 Cranbrook Public Library 25,792 24.53 2.97 3.04 2.20 32.74 $25.35 Dawson Creek Municipal Public Library 18,455 24.88 2.31 1.20 2.04 30.44 $26.64 Surrey Public Library 526,142 25.72 5.59 0.27 1.51 33.08 $29.95 Cariboo Regional District Library System 62,262 28.74 4.89 0.43 2.02 36.07 $30.02 Terrace Public Library 20,605 25.59 4.17 1.25 2.72 33.73 $30.20 Sechelt Public Library 17,552 30.19 4.62 0.64 3.50 38.95 $31.94 Coquitlam Public Library 144,718 25.82 4.56 1.20 2.43 34.01 $32.05 Nelson Municipal Library 19,481 35.51 3.58 0.68 2.76 42.52 $32.63 Okanagan Regional Library 377,657 23.75 6.21 1.34 2.15 33.45 $32.98 Fraser Valley Regional Library 724,270 24.54 5.30 1.43 3.12 34.39 $33.67 Prince George Public Library 84,490 33.12 5.53 1.34 2.80 42.79 $38.53 Richmond Public Library 207,773 32.83 6.48 0.19 3.45 42.96 $40.91 Vancouver Island Regional Library 434,391 28.64 5.92 1.03 5.66 41.25 $41.22 Powell River Public Library 19,042 37.63 6.24 1.25 3.20 48.33 $44.36 Greater Victoria Public Library 323,304 38.28 7.74 1.73 2.35 50.09 $50.42 Squamish Public Library 19,303 42.00 6.63 1.16 8.47 58.27 $51.20 New Westminster Public Library 71,665 38.66 7.10 0.54 2.19 48.49 $53.10 Burnaby Public Library 238,209 42.36 7.89 0.62 2.25 53.12 $53.48 Thompson-Nicola Regional District Library System 133,186 34.86 5.23 1.34 3.31 44.73 $53.52 Port Moody Public Library 34,554 44.32 6.78 2.08 2.47 55.66 $56.45 North Vancouver District Public Library 87,987 50.52 7.85 1.48 3.31 63.16 $61.64 North Vancouver City Library 54,990 50.46 6.94 3.62 5.71 66.73 $63.26 Vancouver Public Library 650,609 61.12 7.81 0.74 6.63 76.29 $67.42 West Vancouver Memorial Library 45,171 83.28 11.44 2.38 4.77 101.87 $116.73 Average ALL Public Libraries in BC 40.82 6.61 2.08 7.17 56.69 47.06 Average ALL <=100,000 population 41.97 6.67 2.26 7.81 58.71 47.63 Average 15,000 to <=100,000 population 35.62 5.81 1.27 3.26 45.96 43.66 Average > 100,000 population (excl. FVRL) 34.82 6.38 0.94 3.30 45.44 44.66 * Materials processeing costs included in Other Expenditures ** Excludes facilities operating costs, capital costs and amortization expense Expenditure Per Capita

Abbotsford 2020 per capita is $27.63!

(pop: ~158,000)

Fast Fact: Active Resident Library Cardholders

• f about 43% FVRL and 42% Abbotsford, of population served.

Fast Fact: 2018 circulation for Abbotsford was 874,400 $28 (average book cost) x 874,400 = $24.48 Million in savings over purchase! FVRD 2020 Abbotsford Assessment is $4.36 Million Fast Fact: FVRL Libraries have a total of 381 computers available for no fee, public use; 45 at the Abbotsford Libraries

Fast Fact: In 2018, FVRL delivered over 8,300 programs attended by 240,000 customers – up ~20% over 2015 (~5%/year)! Abbotsford: 895 Programs, 30,000 attendees – up 14% (~3.5%/year)

Abbotsford Library Happenings!

VR Programs!

(part of the FVRL Playground

Library Champions Program Graduates

Reading Link Challenge

Christmas in July

(film “Very Vintage Christmas”

NEW Self Check-outs

(April 2019)

Science World

(Clearbrooke and Abbotsford Libraries)