Catalog

Budget & Finance

New Jersey law (N.J.S.A. 40:54-8) sets the minimum funding for municipal public libraries at “1/3 mill,” or $0.33 on each $1,000 of equalized value of all assessable property in the Town. By State law, the municipality must allocate this money to the library in its annual budget. Unlike some libraries in New Jersey, the Mahwah Public Library does not receive funds above the “1/3 mill” minimum. As a result, the Library’s budget tracks the equalized property value; as property values fluctuate, so does the Library’s annual budget.

From 2009 through 2014, the equalized value of all property in Mahwah declined by 16.4%. As a result, the Library’s municipal funding decreased to $1,963,028 in 2014, down from a peak of $2,349,300 in 2009.  In 2015, the equalized value showed modest signs of recovery and the municipal appropriation increased by 1.05%.  In 2016, however, this small gain was erased and the budget declined by 1.01%, or $19,948.  In 2017, the Library's municipal appropriation increased by 2%, or just over $40,000. As a result, the Library's funding for 2017 is still significantly below the funding it received in 2007, despite lending activity increasing nearly 30% and program attendance increasing over 200% in the past ten years.

Mahwah Public Library Municipal Funding 2005-2015

2017 Budget Note

The draft 2017 budget includes a number of positive changes that are encouraging to long-term growth: Notably, the 2.05% increase in its municipal appropriation is a welcome change after many years of declining funding.  Staffing levels and funding should be stable, sustainable and offer a high degree of customer service.  The changes in the materials budget realign funding to better meet the reality of how patrons are using the Library, including ongoing demand for eContent. The increase in funding for programs supports what is clearly becoming a major service.  The building and grounds budget represent a clear-eyed look at the actual costs to maintain a welcoming facility.  On top of the ongoing operating expenses, the 2017 budget also clearly indicates money be set aside for capital projects that support the Library’s long-term growth.

 

   2016 Budget 2017 Budget Change 2016 to 2017 % of Expense
Ordinary Income/Expense
Income
4000 · Operating Fund Balance Carried Forward
4100 · Additional Board Appropriation
4200 · Municipal Appropriation 1,963,769 2,004,077 2.1%
4300 · NJ State Aid 11,321 11,264 -0.5%
 4400 · Interest 300 800 166.7%
 4500 · Gifts & Donations 4,000 4,500 12.5%
 4600 · Patron Revenue 28,700 27,200 -5.2%
4700 · Miscellaneous Revenue 9,550 6,750 -29.3%
4800 · Unemployment Reserve 0.0%
Total Income 2,017,640 2,054,591 1.8%
Gross Revenue 2,017,640 2,054,591 1.8%
Expense
Other Types of Expenses
5000 · Salaries and Withholdings 1,037,953 1,049,500 1.1% 51.3%
5100 · Personnel Benefits 313,261 322,962 3.1% 15.8%
5200 · Library Materials
Total 5210 · Books 142,000 135,000 -4.9%
Total 5220 · Audio-Visual 65,500 63,500 -3.1%
5230 · Periodicals 8,000 7,000 -12.5%
Total 5240 · Digital & Online Resources 40,619 52,000 28.0%
Total 5200 · Library Materials 256,119 257,500 0.5% 12.6%
5300 · Programming
5310 · Adult 28,000 28,000 0.0%
5320 · Young Adult 16,500 17,500 6.1%
5330 · Juvenile 21,000 22,000 4.8%
5340 · ESL 4,000 5,000 25.0%
5350 · Museum & Cultural Passes 0 2,750 100.0%
5300 · Programming - Other 0 0 0.0%
Total 5300 · Programming 69,500 75,250 8.3% 3.7%
5400 · Operating Expense 149,142 143,852 -3.5% 7.0%
5500 · Professional Service 30,000 22,500 -25.0% 1.1%
5600 · Fixtures, Furnishings & Equip 10,000 11,500 15.0% 0.6%
5700 · Building & Grounds 143,910 162,641 13.0% 8.0%
Total Expense 2,009,885 2,045,706 1.8% 100.0%
Net Operating Surplus/Deficit 7,755 8,885 14.6%

2016 Expense by Category

Recent Audits

The Library values integrity and acts with honesty and fairness as it conduct its business.  As part of the Library's commitment to transparency and open government, recent audit results are posted online.

100 Ridge Road, Mahwah, NJ, 07430 201.529.READ
info@mahwahlibrary.org