The majority of the library’s funding comes from local property taxes. Voters approved a 1 mill operating fund in perpetuity in 1994. On November 4, 2014, Redford Township voters approved 1.4 mills of supplemental operating funds for a period of 8 years. The library’s fiscal year is April 1-March 31.
Budget (2021-2022)
Proposed budget for 2021 – 2022 is available here. Budget hearing will be taking place on Monday, March 15th.
Budget (2020-2021)
Revenue:
| Taxes | $1,886,500 |
| Penal Fines | $35,000 |
| State Aid | $38,750 |
| Fines/Fees | $10,000 |
| Investment Earnings | $0 |
| Miscellaneous | $86,500 |
| State Sources | $100,000 |
| Total | $2,156,750 |
Expenses:
| Personnel | $1,307,280 |
| Contractual services and books | $367,807 |
| Operating Costs | $381,063 |
| Capital Outlays | $100,600 |
| Total | $2,156,750 |
Previous Fiscal Years
- Audited Financials 2020
- Audited Financials 2019
- Audited Financials 2018
- Audited Financials 2017
- Audited Financials 2016
- Audited Financials 2015
- Audited Financials 2014
- Audited Financials 2013
- Audited Financials 2012
- Audited Financials 2011
- Audited Financials 2010
- Audited Financials 2009
- Audited Financials 2008
- Audited Financials 2007
- Audited Financials 2006
- Audited Financials 2005