COOKING THE BOOKS:
description
Transcript of COOKING THE BOOKS:
![Page 1: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/1.jpg)
COOKING THE BOOKS:
FALL RECEIPES FOR BUDGET SUCCESS
$$$$ $$$$
![Page 2: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/2.jpg)
Budget Process: Start To FinishSteps to a Library Budget
Steps Timeline1. Determine library needs, and library income January – March and levy
rate required to meet those needs.2. Present budget request in writing and in March - May
person at meeting of local governing body (city commission or township board).
3. Approve resolution of intent to increase April – June local tax income.
4. Local government publishes budget and July – August conducts public hearing. District libraries must take these steps directly. Other libraries should obtain copies of all pages of the official budget related to library funds.
![Page 3: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/3.jpg)
HOW DID YOU DO????
![Page 4: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/4.jpg)
WERE YOU. . .
![Page 5: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/5.jpg)
“AT THE TABLE”
![Page 6: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/6.jpg)
REALITY PUBLIC LIBRARY
“ON THE MENU”
![Page 7: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/7.jpg)
BUDGET ENTREES
*YOUR BUDGET
*YOURS IN THEIRS
![Page 8: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/8.jpg)
BUDGET ENTREES
*YOUR BUDGET IN THEIR BUDGET
![Page 9: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/9.jpg)
Budget Process: Start To FinishSteps to a Library Budget
Steps Timeline
4. Local government publishes budget and July – August conducts public hearing. District libraries must
take these steps directly. Other libraries should obtain copies of all pages of the official budget related to library funds.
![Page 10: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/10.jpg)
CERTIFICATE
To the Clerk of Osage County, State of Kansas
We, the undersigned, officers of
City of Burlingame
certify that: (1) the hearing mentioned in the attached publication was held;
(2) after the Budget Hearing this budget was duly approved and adopted as the
maximum expenditures for the various funds for the year ; and
(3) the Amounts(s) of -1 Ad Valorem Tax are within statutory limitations.
Adopted Budget
Amount of -1 County
Page Ad Valorem Clerk's
Table of Contents: No. Expenditures Tax Use Only
Computation to Determine Limit for 2
Allocation of MVT, RVT, 16/20M Veh & Slider 3
Schedule of Transfers 4
Statement of Indebtedness 5
Statement of Lease-Purchases 6
Fund K.S.A.
General 12-101a 7 464,331 84,638
Debt Service 10-113
Employee Benefits 236,507 43,643
Library 45,877 26,231
![Page 11: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/11.jpg)
![Page 12: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/12.jpg)
![Page 13: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/13.jpg)
Adopted BudgetProposed Budget Year
Library 2011Unencumbered Cash Balance Jan 1 16,075Receipts:Ad Valorem Tax xxxxxxxxxxxxxxxxxxxxxxDelinquent TaxMotor Vehicle Tax 5,029Recreational Vehicle Tax 16516/20M Vehicle Tax 84Slider 0
Interest on Idle FundsMiscellaneousDoes miscellaneous exceed 10% of Total ReceiptsTotal Receipts 5,278Resources Available: 21,353Expenditures:Personal Services 41,777
Neighborhood Revitalization RebateMiscellaneous 4,100Does miscellaneous exceed 10% of Total ExpendituresTotal Expenditures 45,877Unencumbered Cash Balance Dec 31 xxxxxxxxxxxxxxxxxxxxxx
2009/2010 Budget Authority Amount: 46,068 37,00045,87724,524
6.96% 1,70726,231
Page No.Amount of 2010 Ad Valorem Tax
Non-Appr BalTot Exp/Non-Appr Bal
Tax Required Del Comp Rate:
53,075
37,00028,843
33,23549,048
32,870
5184,129
109165
15,813
28,114
28,84320,205
37,00016,075
27,391642
5,037
20,205
Prior Year Actual2009
Current Year Estimate2010
![Page 14: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/14.jpg)
City of Burlingame 2011
Allocation of Motor, Recreational, 16/20M Vehicle Tax & Slider
Budgeted Fund Budget Tax Levy Amt Allocation for Year 2011
for 2010 for 2009 MVT RVT 16/20M Veh Slider
General 83,933 15,012 493 249 0
Debt Service
Employee Benefits 42,462 7,595 250 126 0
Library 28,114 5,029 165 84 0
TOTAL 154,509 27,636 908 459 0
County Treas Motor Vehicle Estimate 27,636
County Treasurers Recreational Vehicle Estimate 908
County Treasurers 16/20M Vehicle Estimate 459
County Treasurers Slider Estimate 0
Motor Vehicle Factor 0.17887
Recreational Vehicle Factor 0.00588
16/20M Vehicle Factor 0.00297
![Page 15: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/15.jpg)
![Page 16: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/16.jpg)
YOUR BUDGET IN “THEIR” BUDGET
• What income sources did THEY want?• What OTHER income sources do you have?
• What expenditures did THEY want? • Did they want detail?• What other expenditures do you have?
![Page 17: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/17.jpg)
![Page 18: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/18.jpg)
![Page 19: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/19.jpg)
• http://www.da.ks.gov/ar/muniserv/BudgetDefault.htm
![Page 20: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/20.jpg)
Budget Process: Start To Finish
Steps to a Library Budget Steps TimelineDetermine final operating budget based September – December on official budget and any other funding sources.
![Page 21: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/21.jpg)
BUDGET ENTREES
*YOUR BUDGET
![Page 22: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/22.jpg)
![Page 23: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/23.jpg)
Questions to Ask• Do I have the correct tax amounts in next year’s budget?
• What’s changed since May in current year?What’s changed since May for next year?
• How is Y-T-D income for the current year?? 100%? 90%? 80%?
• Have you done a cash flow estimate to establish carryover????
![Page 24: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/24.jpg)
ANNUAL REPORTS• What statistics do you keep? Do you use?
• Key off your mission or visiono “NEKLS and its members libraries are leaders and
innovators in providing exemplary library services ”
• Use pictures (get releases), color, graphs
![Page 25: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/25.jpg)
“OWN YOUR NUMBERS”*
• Know your stuff• Know where “your” stuff is in “their” stuff• Know how “your” stuff impacts “their” stuff• Know why “your” stuff matters to and for the
community
*Quote from Alice Sizer Warren, Budgeting: A How-To-Do-It Manual for Librarians, Neal-Schuman Publishers, New York, 1998.
![Page 26: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/26.jpg)
![Page 27: COOKING THE BOOKS:](https://reader035.fdocuments.net/reader035/viewer/2022062410/568164b8550346895dd6c3c0/html5/thumbnails/27.jpg)
Contact Information
Laura DeBaunLibrary Services Consultant & Business Manager
Northeast Kansas Library System4317 W. 6th St.Lawrence, KS [email protected]