Monday, August 29, 2011

Baraboo Mayor: No Capital Fund Borrowing in 2012

City projects run into budget constraints. (Baraboo News-Republic, 8/26/2011)

Excerpt:     Library Director Meg Allen said Friday she hopes the city will be able to put something in the 2012 budget toward supporting the library addition. The Baraboo Public Library Board also has contracted with a fundraising consultant to develop a community fundraising plan.

While the city's capital plan lists the library addition as a 2012 project, Allen said that is not practical.

"It is very premature to say when we might break ground," she said. "We've got a ways to go yet."

Friday afternoon Mayor Liston said the 2012 budget is going to be tight. The city does not plan to borrow any money, so equipment purchases or other capital projects will have to fit within the general operations budget

Related posts:
Library building project update.  (2/17/2011)
2009 City of Baraboo Surplus Designated for Library Sinking Fund. (10/30/2009)
Baraboo Council Supports Funds for Library Expansion. (10/16/2009)
Update on Baraboo Library Expansion Plans. (5/29/2009)
Baraboo Planning for Remodeled & Expanded Library. (5/1/2009)
Planning for Expansion in Baraboo. (3/6/2009)

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