Ann Arbor Library Board OKs FY 2011-12 Budget

At its May 16, 2011 meeting, the Ann Arbor District Library board unanimously approved its 2011-12 budget for the fiscal year starting July 1, 2011. Though the board is allowed to levy up to 1.92 mills, the $12.034 million budget is based on tax revenues from a 1.55 mill levy, which the board authorized in a separate vote. [In 2009, the board had lowered its millage rate from 1.92 mills to the current rate of 1.55 mills. One mill equals $1 for every $1,000 of a property’s state equalized value, or SEV.] No one spoke during a public hearing on the proposed budget.

Major expenditures include $5.684 million for salaries and wages, $1.51 million for employee benefits and $1.85 million for materials. The $12.034 million budget represents a 2% drop from the current fiscal year’s budget of $12.299 million. [.pdf file of FY2011-12 budget]

This brief was filed from the AADL board meeting at the downtown library on South Fifth Avenue. A more detailed report will follow: [link]