Wednesday, December 14, 2011

Library Declining Revenue Compounded by Questionable Administrative Decisions



Greenwood library director quits amid spending complaints. (Indianapolis Star, 12/14/2011)

Excerpt: The library has a budget of about $1.4 million, but revenue has been declining for several years. Officials blame a mix of property tax caps, falling home values and a reduction in income tax revenue as wages have dwindled.

Tax revenue will drop about $190,000 next year, but Dobbs said overspending this year means the overall shortfall is about $400,000.

More cuts are forthcoming, officials warned.

"Bear with us," Julian said, "we've got stuff to fix
."

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