News

Floyd Memorial Library budget vote from 2 to 8 p.m. today

Registered voters in the Greenport and Oysterponds school districts can vote in the Floyd Memorial Library budget vote from 2 to 8 p.m. today.

Voting will take place in the lower community room.

The library’s 2013 budget includes $924,798 to be raised from taxes, and an additional $30,659 from other sources, such as fees, gifts, interest, and the library fund balance. The tax increase is less than $1 per thousand of assessed valuation which, for an average homeowner comes to an increase of less than $6 a year, according to the library newsletter.

Below is the library’s breakdown of the current year budget and what has been proposed:

2013 PROPOSED BUDGET

INCOME

Greenport School District

Operating Budget

2012 — 411,669

2013—  424,793

Debt Service

2012 — 73,181

2013 — 73,181

Oysterponds School District

Operating Budget

2012 — 354,768

2013 — 366,705

Debt Service

2012 — 60,119

2013 — 60,119

New York State Aid

2012 — 1,541

2013 — 1,541

Fees, Interest, Donations, Misc.

2012 — 32,700

2013 — 21,600

Transfer from Fund Balance

2012 — 20,671

2013 — 7,518

Total Budget Income

2012 — 954,649

2013 — 955,457

DISBURSEMENTS

Personnel Costs

2012 — 622,397

2013 — 599,155

Library Materials

2012 — 55,050

2013 — 68,500

Technology

2012 —19,600

2013 — 26,100

Operations & Maintenance

2012 — 99,500

2013 — 103,700

Miscellaneous Expenses

2012 — 24,800

2013 — 24,700

Debt Service

2012 — 133,302

2013 — 133,302

Total Disbursements

2012 — 954,649

2013 — 955,457

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