FY2023 Adopted Operating and Capital Budget

FY2023 Adopted Budget Fund Budgets

Frederick County Public Library System

Actual

Actual

Adopted

Adopted Change

2020

2021

2022

2023

%

REVENUES

Federal Funding State Funding Fees & Charges Fines & Forfeitures Investment Earnings Miscellaneous Revenue Budgeted Fund Balance Other Financing Sources

23,743

65,956

15,000

-

-100.0%

2,441,084

2,473,982

2,441,084

2,593,899

6.3%

85,190 96,063 10,223

1,506

34,500

98,200 184.6% 5,500 10.0%

28,717

5,000

4,814

-

-

-%

2,402,062

2,497,016

2,754,125

2,932,203

6.5%

-

-

507,443

604,475 19.1%

10,445,532 15,503,897

10,362,084 15,434,075

11,244,135 17,001,287

12,234,961

8.8%

Total

18,469,238 8.6%

EXPENDITURES Salaries - Regular Employees

7,261,245

7,398,149

8,223,193

9,039,130

9.9%

Salaries - Overtime

61,524

2,780

-

-

-%

Benefits

3,217,664

2,937,772

3,184,920

3,335,042

4.7%

Professional & Technical Services

139,775 214,761 301,186 25,052

117,027 231,439 254,496 22,622

32,216 304,581 326,645 24,320

41,000 27.3% 358,405 17.7% 440,993 35.0% 20,938 -13.9%

Repair/Maintenance

Other Services Rental Expense

Supplies

1,823,859

1,760,850

2,345,305

2,513,910

7.2%

Miscellaneous Expense

120,052 16,041

70,674

131,028

222,489 69.8%

Capital In-Kind

-

-

-

-%

2,132,429

2,318,118

2,439,079

2,507,331

2.8%

Reimbursements

(37,980)

(22,281)

(10,000)

(10,000)

-%

Total

15,275,608

15,091,646

17,001,287

18,469,238 8.6%

Full-Time Equivalents

134.05

134.05

136.00

149.50

9.9%

179