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 (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