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.
Current Fiscal Year Budget (2019-2020)
Revenue:
| Taxes |
$1,850,000 |
| Penal Fines |
$47,071 |
| State Aid |
$38,763 |
| Fines/Fees |
$12,000 |
| Investment Earnings |
$25,140 |
| Miscellaneous |
$85,460 |
| State Sources |
$124,965 |
| Total |
$2,183,400 |
Expenses:
| Personnel |
$1,263,970 |
| Contractual services and books |
$382,400 |
| Operating Costs |
$371,930 |
| Capital Outlays |
$165,100 |
| Total |
$2,183,400 |
Previous Fiscal Years