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FRASER VALLEY REGIONAL LIBRARY

* 1986 BUDGET oprtons

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OPTION A
——

THE BASIC BUDGET

The Basic Budget, OPTION aA, provides for an increase to

the 1985 budget of 3.85%.

HIGHLIGHTS: .
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Salaries are projected to rise 2.39%, There are three
Major components to this increase: :

(a) An increase in the amount of hours for replacement
leave and vacation leave. In both 1984 and 1985
the Salary Budget was overexpended because insufficient
replacement hours were provided. In 1984, this deficit
Was covered by reserves and in 21965 some funds from
computer operations should be available.

(b) The ongoing funding of the Children's Librarian in
North Fraser.

(¢) Salary increments for staff,

Operating Expenses are expected to rise by 7.87%. Five factors
are responsible for this:

(a) Postage is projected to rise By $11,000 over the 1985
budget estimates but this will be offset by a projected
increase of over $15,000 in Fines Revenue received.

(b) Provision is made to establish a vseserve for vehicle
replacement.

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(¢) Provision is made for major bedy work on the
Bookmobile.
(ad) Provision is made to expand the branch delivery service

to a six day a week operation and to extend shut-in
reutes to serve more individuals.

(e) Insurance costs are expected to rise about 42%.

Exluding, these factors, other costs are projected to rise
only 13%.
P 26.43% to cover the lease

Contribution to Automation is u

payments for contracts entered into in 1984 and 1985,

Book and Library Materials. Expenditures are expected to

increase by 68 to offset the decline in purchasing power of
nd to provide for inflation. We are

the Canadian Dollar a
not expecting this increase will allow us to purchase more

books than in 1985,

Member Contributions will rise by 12.19%. 4.79% of this
increase arises from additional expenses to run the librafy
and 7.40% is to replace revenue we were receiving from

Survey for the sale of bookstock. &

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