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2026 Budget Notes:2026 Budget APPROVED on 12/17/2025
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Income
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4 Contributed support
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4010 Indiv/business contributionN/A$ -
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4010.1 Appeal LetterAnnual Appeal runs 10/01/2025 to 09/30/2026$23,000.00
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4010.5 BJ BixbyN/A$ -
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4010.6 Jane GabrielsN/A$ -
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4010.7 Donations-at Circulation Desk2024 Budget $200 Actual $1,035.07$1,000.00
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4010.8 St. Sacrement DonationN/A$ -
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4010.9 Trivia DonationN/A$75.00
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Total 4010 Indiv/business contributionSubtotal$24,075.00
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4015 Contributions- RestrictedN/A$ -
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4015.1 Contributions - Restricted R. Summerhayes Collection (NEW GL ACCOUNT)N/A$ -
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4140 Donated art, etcN/A$ -
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4210 Corporate/business grantsGrant Committee confirmed on 12/09/25 that Norowal grant requesting $5,598.10 for ADA compliant door upgrades was awarded $2.500.00. Possible grants include: Sylvamo Foundation submitted 5/13/25 for $2,600.00. 2026. Forecast is based on previous years' budgeting pattern.$500.00
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4520 Federal Grants (PPP)N/A$ -
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4250 Nonprofit organization grantsGrant Committee confirmed on 10/22/25 that no grants have been definitively awarded. Possible future grants include: Charles R. Wood Foundation, ADK Foundation, Cloudsplitter Foundation, LARAC, ALA, Price Chopper Golub Foundation. (Currently no applications). A decision was made not to pursue ALA Small & Rural Libraries Accessibility Round 34 due on 12/01/25.$500.00
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4510 Agency (government) grantsGrant Committee confirmed on 10/22/25 that no grants have been definitively awarded. Possible future grants include: SALS Construction Grant (currently no application).$ -
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4530 State grantsWarren County Aid and Local Library Services Aid (LLSA). No forecasted increase for 2026. On 10/22/2025 SALS recommended to use 2025 numbers, as 2026 anount is TBD. "For LLSA, we hope to be able to disburse the remaining 10% ($152.90) of the 2025 Aid in the beginning of 2026. But we do not yet know how much LLSA we will receive next year, to disburse in the summer of 2026."$3,500.00
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4540 Local government grants-Town of BoltonTown of Bolton - for 2026 library will be provided $85,000 for operating fund and $5,000 capital improvements.$85,000.00
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Total 4 Contributed supportSubtotal$113,575.00
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5 Earned revenues
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5310 Interest-savings/short-term inv2024 Actual $2,316.59 ($193.00/month)

2025 Actual to 09/30 $1,645.39 ($182.82/month)

2026 forecast lower interest rate environment, using $150.00/month ($1,800.00 for 2026)
$1,800.00
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5320 Dividends & interest-securitiesN/A$ -
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5490 Miscellaneous revenueN/A$ -
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5495 Fines assessedN/A$ -
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5496 Copy Fee2024 Budget $300.00 Actuals $490.65$450.00
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5497 Fax Fee2024 Actual $50.00$50.00
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Total 5490 Miscellaneous revenueSubtotal$500.00
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Total 5 Earned revenuesSubtotal$2,800.00
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5800 Special events
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5810 Special events - non-gift revN/A$ -
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5810.1 Booksale2026 Forecast $6,500 provided by Booksale Committee on 09/04/2025 via email from Sue Pfau.$6,500.00
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5810.12 Plant SaleN/A$ -
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5810.13 Dancing Under the StarsN/A$ -
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5810.15 Book Bag/Masks(Menzies/Cumming)2024 Budget $0 Actual $955.00$500.00
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5810.16 Wine TastingN/A$ -
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5810.17 Thirty-one FundraiserN/A$ -
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5810.2 Cabin FeverN/A$ -
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5810.4 Drawings2024 Budget $2,000.00 Actual $3,755.00$2,500.00
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5810.5 TD Affinity ProgramAs of 12/15/2025 four (4) sign-ups remain; it is not expected to achieve the required signups for 2026 contribution.

2024 Budget $1,000.00 Actual $2,741.66

2025 Budget $1,000.00 Actual $2,989.57
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5810.9 Pickleball Tournament (NEW GL ACCOUNT)2025 Actual $2,337.00 (includes registration fees and pickleball-specific items raffle).$2,500.00
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Total 5810 Special events - non-gift revSubtotal$12,000.00
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Total 5800 Special eventsSubtotal$12,000.00
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Total IncomeSubtotal$128,375.00
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Gross ProfitTotal$128,375.00
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Expenses
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6560 Payroll Expenses
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6561 Payroll Taxes12/15/2025: Calculated using payroll wage data submitted by Personnel Committee on 12/12/2025. (Rounded)$6,565.00
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6562 Time Clock Software11/04/2025 Treasurer recommends reducing to non-profit rate for 2026. (Rounded to $215.00/year)

Called Timesheets.com on 10/3 for 2026 Rates:
Non-profit rate is $4.40/user per month ($17.60)
For-profit is rate is $5.50/user per month ($22.00)
Library has 4 users and 1 admin (admin free).
$215.00
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6563 Priority One Payroll FeePer phone conversation on 10/03/25 vendor confirmed no forecasted increase for 2026 as of that date.$1,475.00
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WagesN/A$ -
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Other EarningsN/A$ -
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Regular Pay-Hourly12/15/2025: Calculated using payroll wage data submitted by Personnel Committee on 12/12/2025. (Rounded)$13,995.00
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Salary-Director (Hourly as of 01/01/2024)12/15/2025: Calculated using payroll wage data submitted by Personnel Committee on 12/12/2025. (Rounded)$53,630.00
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Total Wages$67,625.00
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Total 6560 Payroll ExpensesSubtotal$75,880.00
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7200 Salaries & related expensesN/A$ -
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7240 Employee Health Insurance12/15/2025: Calculated using payroll wage data submitted by Personnel Committee on 12/12/2025.$ -
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7250 Payroll taxesN/A$ -
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Total 7200 Salaries & related expensesSubtotal$ -
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7500 Other personnel expensesN/A$ -
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7510 Intuit Payroll FeeN/A$ -
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7520 Accounting fees11/05/2025 Finance Committee recommends $2,700 for bookkeeper services in 2026.$2,700.00
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7540 Other Professional Fees11/05/2025 Finance Committee recommends $1,500.00 for attorney services, § 259 Library funding proposition costs: legal, consulting, etc.

2024 Budget $5,000.00 2024 Actual $0
$1,500.00
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Total 7500 Other personnel expensesSubtotal$4,200.00
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8100 Non-personnel expensesN/A$ -
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8110 SuppliesN/A$ -
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8115 Supplies- Events (Funded)N/A$ -
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8115.1 2015 GalaN/A$ -
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8115.2 Book SaleOn 9/08/25 Booksale Committee requsted $400 via Sue Pfau email, on 9/24/25 Fundraising Committee requested $200 for incidentals (tape, felt tip marker, wipes).

2024 Budget $530.00 Actual $743.51

2025 Budget $800.00 Actual $294.38
$400.00
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8115.3 After School ProgramPer email on 10/28/2025 Library Director to confirm by 10/31/2025. No response received. Finance Committee determined the budget.$500.00
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8115.4 Appeal Letter Expense2024 Budget $2,000.00 Actual $2,765.00

2025 Actual forecast is $2,018.79.
$2,500.00
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8115.5 Cabin FeverN/A$ -
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8115.6 Plant SaleN/A$ -
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8115.7 Farmer's Market (NEW GL ACCOUNT)On 9/24/25 Fundraising Committee requsted $1,390 for tablecloth with logo ($150.00), journals and colored pencils ($200.00), logo items such as canvas bags, decals ($1,000.00) and raffle tickets ($40.00)$1,390.00
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8115.8 Pickleball Tournament (NEW GL ACCOUNT)Special event insurance ($600.00) plus supplies ($200.00)$800.00
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Total 8115 Supplies- Events (Funded)Subtotal$5,590.00
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8130 Telephone & telecommunications2024 Budget $1000.00 Actual $1,020.03

2025 Budget $1200.00 Actual through 9/30 $818.92.

Forecasting a 5% increase on 2025 monthly average of actuals through 9/30 is $1,146.48 for the year, rounded to $1,200.00 for 2026.
$1,200.00
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8140 Postage, shipping, deliveryForecasting 5% increase in estimated total spend for 2025 for additional gratitude cards.

2025 Postage rates increased ~7.5%. Actuals as of 9/30 $160.76 and estimated total spend to 12/31/25 is $205.00

The USPS announced in September 2025 there will be no increase in the price of a single-piece First-Class letter stamp in January 2026.
$215.00
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8160 Equip rental & maintenanceN/A$ -
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8170 Printing & copyingOn 10/28/25 phone call to Document Solutions, a 5% rate increase effective 01/01/2025 for black & white (to $0.0109/copy) and color copies (to $.0540/copy) with no base charge. 2026 forecast is 5% applied to 2025 budgetd amount, plus $75.00 for additional print marketing.

2024 Budget $400.00 Actual $393.00

2025 Budget $450.00 Actual through 9/30 $321.99
$550.00
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8175 Library ProgramsPer email on 10/28/2025 Library Director to confirm by 10/31/2025. No response received. Finance Committee determined the budget.

Director requsted $2,000 on 09/09/25 and $3,000.00 on 10/22/25.

2024 Actual $2,708.96 (less $1,130.00 grant for Patrice Jarvis = $1,578.60 or $131.55/month)
$3,000.00
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8180 Books, subscriptions, referenceN/A$ -
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8181 BooksLibrary Director requested $8,750 on 09/05/2025.

2024 Budget $7,500 Actual $8,586.80

2025 Budget $8,500 Actual to 9/30 $6,151.31
$8,750.00
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8181.1 EBooksPer email on 10/28/2025 Library Director to confirm by 10/31/2025. No response received. Finance Committee determined the budget.$640.00
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8181.2 R. Summerhayes Collection$ -
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8182 VideoDirector requested $750.00 on 09/19/2025.

2024 Budget $1,500.00 Actual $563.33

2025 Budget $750.00 Actual to 9/30 $630.01
$750.00
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8183 MagazinesPer email on 10/28/2025 Library Director to confirm by 10/31/2025. No response received. Finance Committee determined the budget.

Library Director requested $100 on 09/12/2025 and $500.00 on 10/22/2025.
$150.00
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8184 NewspapersN/A$ -
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Total 8180 Books, subscriptions, referenceSubtotal$10,290.00
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Total 8100 Non-personnel expensesSubtotal$20,845.00
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8200 Occupancy expensesN/A$ -
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8215 Building MaintenanceBuildings & Grounds Committee requsted $3,600 on 09/24/2025:
Trim work and gable repair $1,500
Garden supplies $100
Service contracts $2000
$3,600.00
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8220 UtilitiesPer phone conversation with Suburban Propane 11/04/2025:

Bulk tank rental $50.00/year
Propane currently $5.399/gallon
Annual inspecation in September (1/2 cost refunded in 2024)

2024 usage 212 gallons
2025 usage to 11/04/2025 5.6 gallons

2026 forecast 220 gallons @ $5.399/gallon = $1,187.78 plus $50.00 tank rental = $1,237.78 (rounded to $1,250.00)
$1,250.00
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8221 ElectricCurrent calculation: $23.50/month x 12 months plus $1,818.00 = $2,100.00. 11/05/2025 Finance Committee recommends an additional $100.00 in forecasted expense, to a total of $2,200.00.

5% increase for National Grid per phone call on 9/30/2026. $22.39 monthly bill x 5% increase = $23.50 per month. Additional increases in monthly electric bill calculated separately, as they are deducted from the monthly National Grid bill and transferred to the monthly Solar Simplified bill. Per call with Solar Simplified on 10/28/2025: these are "Delivery of Service - Community Net Metering Adjustment," and "Supply Service - Net Metering Adjustment" less 10% Solar Simplified Discount. Varies by month according to electric consumption. From 10/2025 to 10/2026 this is $1,924.00. A 5% forecasted rate increase for 2026 is $2,020.00 less 10% Solar Simplified Discount is $1,818.00
$2,200.00
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8222 Fuel OilAugust 2025 Pre-paid $1,900.00 plus 2024 carryover of $559.37 (Total $2,459.37). 2026 Forecast rounded to $2,500.00$2,500.00