Evanston Library Board Funding Forum Wednesday, September 1, 2010 Diane Allen-Jacobi, Board Secretary.

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Presentation transcript:

Evanston Library Board Funding Forum Wednesday, September 1, 2010 Diane Allen-Jacobi, Board Secretary

Governance and Taxes What is the old governance process? What is the old governance process? What is the new governance process? What is the new governance process? What are the taxes today? What are the taxes today? What will happen to the taxes in the future? What will happen to the taxes in the future?

Today’s Municipal Governance Process City Finance Manager publishes a schedule City Finance Manager publishes a schedule Library Staff prepares a budget Library Staff prepares a budget City Manager determines final library budget City Manager determines final library budget City Council approves the budget and sends total city tax levy including the library to the county City Council approves the budget and sends total city tax levy including the library to the county Tax revenues are collected and placed in the City General Fund Tax revenues are collected and placed in the City General Fund

Library Fund Governance Process Library Board sets priorities Library Board sets priorities Library Staff prepares a budget Library Staff prepares a budget Library Board approves the budget and sends the Library Levy to the City Clerk Library Board approves the budget and sends the Library Levy to the City Clerk City Clerk sends the Library Levy to the County City Clerk sends the Library Levy to the County Tax revenues are collected and placed in the Library Fund Tax revenues are collected and placed in the Library Fund

Before and After Property Tax Bill - Evanston (Town 17001)* * For a property valued at $420,000 (EAV $200,000) before any exemptions

What are the Taxes Today?

What will it cost? A 10% increase in the current Library budget will add $1.98 to a $1,000 tax bill, approximately $6.00 to a $3, tax bill, and $18.00 to a $9, tax bill. A 10% increase in the current Library budget will add $1.98 to a $1,000 tax bill, approximately $6.00 to a $3, tax bill, and $18.00 to a $9, tax bill.

Evanston Library Board Funding Forum Wednesday, September 1, 2010 Diane Allen-Jacobi, Board Secretary Thank You for the opportunity to speak about the Evanston Public Library! Questions?