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

2020 – FVRL - Budget Hig ighlights

Budget Process S BOARD T BOARD FVRL Staff BOARD R Member Member Executive A Staff Weighted Selects Staff T Team Prepare & Receives & Voted Preferred E Finalize Staff BOARD Budget G Finalize Second Budget Prepared Nov I Option Guidelines Consult & Budget C Board M. Consult & Presentation June-Aug. presentation Oct Late P Sept Board M. Sept June L Board M. May/June A N GIVE Board or Individual Member direction ASAP!

2020 – 2024 FVRL Budget - City of Abbotsford 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 FVRL 3% Municipal FV FVRL mak akes up ab about 3% 3% of of Services your municip ipal l budget. The Rest 97% ( the 2.77 2.77% increase tra ranslates to o a a 0.083 0.083% inc ncrease for or 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 o th the im impacts of of 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%.

2020 Budget: Financial Operations - Revenue Revenues: Mostly member assessment… a good thing (for FVRL) 0.60% Donations 1.4% Fine Revenue 1% Bake Sales 5.5% Provincial Grants $29.2M Total Budget 91.5% Member Assessment Teen Tuesday (Abbotsford Library)

2019 Budget: Financial Operations - Expenses Expenses: Stable and predictable; Mostly Staffing 8.5% All the Rest! 5% IT (incl. Tel) 16.5% Materials 70% Staffing (S&B) Puzzle Contest (Clearbrooke Puzzle Contest)

2017 Total Costs: All BC Libraries > 15,000 pop. Libraries Serving >=100,000 population Expenditure Per Capita Local Govt support/ Population Salaries & Computer Sys. Other Total expenditure per Abbotsford Location Served Benefits Materials* & Telecomm. Expenditures** Expenditures** capita, excl. facilities Fort St. John Public Library Association 34,159 13.93 1.68 1.05 1.84 18.50 $12.17 2020 per 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 capita is Dawson Creek Municipal Public Library 18,455 24.88 2.31 1.20 2.04 30.44 $26.64 $27.63! 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 (pop: ~158,000) 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

Fast Fact: Active Resident Library Cardholders of 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! Science World Library Champions Program Graduates (Clearbrooke and Abbotsford Libraries) VR Programs! Christmas in July NEW Self Check-outs (part of the FVRL Playground Reading Link Challenge (film “Very Vintage Christmas” (April 2019)