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Library Levy
Library Revenues
- General Fund
- Aka, the “fossil levy”
- Part of County’s permanent tax base
- Subject to BCC allocation
- All property tax
- About 35-40% of total revenue
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- Library Levy
- Local option levy
- Must come to library
- Subject to voter approval
- All property tax
- About 50-55% of total revenue
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- Library-generated Revenues
- Non-tax
- Fines & fees
- Sales
- Grants
- Reimbursements from other government agencies
- Interest
- About 5-10% of total revenues
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- Beginning Working Balance
- If expenditures are less than revenues in the previous fiscal year
ALL REVENUES COME INTO THE LIBRARY FUND
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