Finance

As a federated library system, the county library system's administrative office along with each local library adopts an annual budget each year. All system office and local library income and expenditures are audited annually by certified public accountants. This information is reviewed by the Pennsylvania Department Education, Commonwealth Libraries.

 

2015 Library System Revenue

2015 Operating Income

Three-Way Partnership Provides Core Support
Community - Local Government - State

Local Government Support ($3,420,869) comprised 52% of the library system's revenue. Of this, Cumberland County provided $3,289,601 (50%) and local municipalities or school districts provided $131,268 (2%).


State Support ($1,039,331) provided 16% of the library system's overall revenue.


Community Support ($1,655,388) in the form of donations, fines, fees and interest income comprised 25% of the library system's operating revenue.


Contingency Funds ($452,277) comprised 7% of the system's operating income for 2015. This was a 30% reduction from the prior year's total of $649,155.

2015 Library System Expenditures

2015 Operating Expenses

Three Basic Library Expenditures
Staff - Collections - Operating

Staff costs ($3,904,794) accounted for 61% of the budget.


Library materials ($783,193) accounted for 12% of the budget.


Other operating costs ($1,702,855) such as technology, utilities, insurance, printing, etc. accounted for 27% of the budget


Page Updated: 

June 21, 2016

Bookmark and Share