ToT mance am tacit ater Wien St ERENT re ety a FRASER VALLEY REGIONAL LIBRARY * 1986 BUDGET oprtons vj OPTION A —— THE BASIC BUDGET The Basic Budget, OPTION aA, provides for an increase to the 1985 budget of 3.85%. HIGHLIGHTS: . be erneenene 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. “on (¢) 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. & phere yar Shee. eT DORE a tna ee fe rane SATS n, diog ate PF IN ee gc