Year Budget

400,000—Budget from the government

-  $363,000—Salaries

$37,000

            -$1,000—Operating Supplies/Printing

$36,000

            -$4,000—Special Events

$30,000

            -$1,500—Special Training

$29,500

           

            -$7,000—Collection Development

$23,500

$23,500—Remaining budget

+$28,500—Money from the Library Foundation1 Trust Fund

$52,000

            -$9,500 Additional salaries for Part-time workers covered by the trust (This includes the extra hours to help during events)

$42,500

            -$230 Every Child Ready to Read Kit and extra 100 brochures covered by the trust (http://www.alastore.ala.org/detail.aspx?ID=3404)

$42,270

           

            -$7,000 –Additional collection development covered by the trust

$35,270

            -$8, 600 –For additional miscellaneous supplies need by the Youth Services department.

$26,670

            $26,670 –Remaining for events

            +  7,000 –Allotted already for programming

            $33,670 –Total for Events

Monthly Budget for Programs

$100 Crafts

$350 Performer

$250 Misc.

$700 (this is the budget that Youth Services has each month to spend on programing not including any special events)

x12

8,400

Event Budgets:

February Chinese New Year Event

-$100 Crafts

-$200 Foods and decorations

-$500 Performers

$800 Total

April Earth Day Celebration

-$100 Crafts

-$100 Foods and decorations

-$600 Performers

$800 Total

Summer Reading Program:

·      $300.00-Summer Reading Packets given to each person who signs up for the program

·      $1,091- Weekly prizes for children who bring their progress packets in each week.

·      $200- Crafts

·      $2,000-Performers

·      $450-Food for Events and decorations

·      $3,000 for End of the Summer Book Prize (Book children win after completing the program, book picked out by children at the End of the Summer Reading Party)

·      $12,041- Total

October Halloween Event

$200-Crafts

$400 Games and Prizes

$200-Food and Decorations

$800 Total

December Winter Holiday Festival

$200-Crafts

$400 Games and Prizes

$200-Food and Decorations

$800 Total

Estimated Total for Events Budgeted throughout the year- $23, 641

$33,670

-$23,641

$ 10,029 For Marketing and other miscellaneous uses in the Youth Services Department.

* All of the information that I received regarding budget information was received by discussing budgets with the librarians of the Monterey Public Library. They gave me a wealth of information as well as shared the library budgets with me. They gave me information on budgets from the city, but also the trust fund budgets given to them from the Library Foundation.  Although the amounts of the budget I came up with were completely fictional, (hence the nicely rounded numbers) the overall framework and format was taken from the budget used at the MPL.  I also used the 2013 Summer Reading Program as an example for all my large events that I planned for my fictional library.