FY2024 Adopted Operating and Capital Budgets

FY2024 Adopted Budget Fund Budgets

Frederick County Public Library System

Actual

Actual

Adopted

Adopted Change

2021

2022

2023

2024

%

REVENUES

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

65,956

48,529

-

31,100

-%

2,473,982

2,593,899

2,593,899

2,812,373

8.4%

1,506

62,201

98,200

135,500 38.0%

28,717

2,030

5,500

- -

-100.0%

4,814

(196,217) 2,801,627

-

-%

2,497,016

2,932,203

3,221,713

9.9%

-

-

604,475

976,808 61.6% 14,136,090 15.5% 21,313,584 15.4%

10,362,084 15,434,075

11,244,135 16,556,204

12,234,961 18,469,238

Total

EXPENDITURES Salaries - Regular Employees

7,398,149

7,449,821

9,039,130

10,229,648 13.2%

Salaries - Overtime

2,780

34,455

-

-

-%

Benefits

2,937,772

3,107,482

3,335,042

3,853,939 15.6% 100,294 144.6% 397,722 11.0%

Professional & Technical Services

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

57,035 174,428 243,126 17,985

41,000 358,405 440,993 20,938

Repair/Maintenance

Other Services Rental Expense

482,628

9.4%

27,573 31.7% 3,112,601 23.8%

Supplies

1,760,850

2,300,233

2,513,910

Miscellaneous Expense

70,674

141,065 14,577

222,489

233,305

4.9%

Capital In-Kind

-

-

-

-%

2,318,118

2,454,756

2,507,331

2,875,874 14.7%

Reimbursements

(22,281)

(62,508)

(10,000)

-

-100.0%

Total

15,091,646

15,932,455

18,469,238

21,313,584 15.4%

Full-Time Equivalents

134.05

136.00

149.50

151.35

1.2%

179