Belvedere-Tiburon Library projecting a balanced budget for fiscal 2024-2025
The Belvedere-Tiburon Library is expecting a slight surplus of $15,729 on its roughly $3.35-million budget as it prepares for the 2024-2025 fiscal year, with the library expecting more in property-tax revenue and reduced costs to organize youth programming.
The Library Agency board of trustees, which oversees the library’s operations, took a look at the draft at its May 20 meeting ahead of fiscal 2025, which begins July 1. The vote to adopt the final budget is scheduled for June 17.
“The proposed budget assumes revenues at a conservative value based on estimates from (Marin County) and previous (fiscal year) trends,” Library Director Crystal Duran wrote in a report to the agency board. “Expenses were evaluated based on previous years’ spending and consideration of any new activities.”
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