Excerpt: The one-time levy, which would not increase the actual tax rate, would increase taxes by $1.21 for a $100,000 property, said library Chief Financial Officer Becky Dixon. The IndyGo increase would be roughly $1 per $100,000.
"The right thing to do was look at all the options," said Library Board President Thomas S. Shevlot. "This will cover some expenses.
"We cannot continue to operate the library in deficit mode."
The library is especially dependent on property taxes -- about 75 percent of its budget. IndyGo gets 35 percent of its funds from property taxes.
Related articles:
Library board to consider 'shortfall appeal'. (8/31/2010)
In close vote, library board cuts hours, staff. (8/20/2010)
Library grapples with its sustainable future. (8/16/2010)
Library projects a $7.3 million deficit by 2014. (7/29/2010)
Library board sez no branch closings in 2011. (7/15/2010)
Library supporters question Pacers deal. (7/15/2010)
High performance government team report. (7/11/2010)
Library board delays decision on libraries. (6/5/2010)
Another big turnout for libraries. (5/13/2010)
Mayor vows to keep library branches open. (5/12/2010)
Residents speak up for their libraries. (5/11/2010)
The neighborhood library as refuge. (5/2/2010)
Indianapolis Star editorial board keeps library funding issue front and center. (4/25/2010)
Efficiency experts look for ways to keep branch libraries open. (4/23/2010)
More than 1400 sign petition to keep Glendale branch open. (4/20/2010)
Editorial: Find resources for library. (4/19/2010)
What's in store for Indianapolis-area libraries? (4/17/2010)
Indiana Pacers bailout talks continue. (4/16/2010)
Postscript. (4/15/2010)
Look what's at the top of Indianapolis's to-do list. (4/14/2010)
A Challenge to Indianapolis-Marion County: Stand Up for Libraries. (4/13/2010)
Library rally caps? Get real, sez IndyStar editorial. (4/12/2010)
Will Indianapolis rally for its libraries? (4/12/2010)
Library considers branch closings. (4/9/2010)
No comments:
Post a Comment