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

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May 23, 2023 383 likes •526 views

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

SLIDE 1

Budget 2018

The Prince George

P u b l i c L i b r a r y

w-w-w.pgpl.ca

SLIDE 2

Outline

Financial Oversight Revenue

Internally Generated Revenue
Grants, Sponsorships, Fundraising & Donations

Expenses

Wages & Related Expenses
Operational Expenses & Tangible Capital Asset Investment

Materials Expenses General & Administrative Expenses Information Technology & Computer Infrastructure

SLIDE 3

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

SLIDE 4

Revenue

Budget2018

Total Budget Budget Deviation 2017 2018 From 2017 Revenue

Municipal Funding Sources

3. ,934,935 4,033 ,308 98. ,373

Pro\rin cial Funding Sources

2 17,000 217. ,000

lntern al1y Generated Sources

10 1,900 102 ,700 800 Total Revenue $4,253,835 $4,353,008 $99,173

SLIDE 5

Lost, Late & Damaged Materials 82% Photocopier & Printing 6% Exam Invigilation 4% Used Books 3% Other 3% Room Rentals 2%

Internally Generated Revenue $102,700

SLIDE 6

Other Contributions Grants, Sponsorships, Fundraising & Donations

SLIDE 7

Expenses Total Expenses

Wages & Related Expenses

Benefits

500,000 509,000 9,000

Education & Professional Development

24,000 24,000

Wages

2,286,900 2,385,567 98,667

Other Staff Associated Costs

14 944 7,500 (71 444) 2,825,844 2,926,067 $100,223

Operational Expenses & Assets Purch;

Supplies

23 225 23,050 (175)

I 1aterials Costs

470,441 470,441

General & Administrative

207,275 208,250 975

Information Technology

122,600 122,500 (100)

Rent

484,250 484,500 250

Repairs & I 1aintenance

113,500 113,500

Furniture & Equipment

6,700 4,700 (2,000)

Total Expenses & TCA's

1,427,991 1,426,941

(1 ,050) Total Expenses & TCA's

$4,253,835 $4,353,008 $99,173

SLIDE 8

Expenses Wages & Related Expenses

Employee costs are 67% of total expenses. “I don't know how your hiring committee does it, but in my

pinion the staff are the

friendliest, most knowledgeable and helpful people found anywhere.” – Ellen

Comment received Dec. 16, 2017

SLIDE 9

Supplies 2% Materials 33% General & Admin 15% Information Technology 8% Rent 34% Repairs & Maintenance 8% Furniture & Equipment 0%

Operational Expenses & Investment in Tangible Capital Assets

SLIDE 10

Expenses Materials

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

SLIDE 11

Expenses General & Administrative

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

SLIDE 12

Expenses Information Technology & Computer Infrastructure

SLIDE 13

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