Saturday, October 5, 2013

Library Shortchanged $138,000 During Past 7 Years

Photo source:  Yelp

Library Board Approves Budget Amid Taxing Concerns. (WGIL, 10/3/2013)

ExcerptThe Galesburg Public Library Board of Trustees is exploring options when seeking tax money reportedly owed to them by the City of Galesburg.

During the Library's Finance Committee meeting last week, it was discussed that an apparent shortfall was noticed in revenue generated through the Corporate Personal Property Replacement Tax.

The Library Board says it is entitled to 12 percent of the City's total receipts of revenue brought in from the tax.

City of Galesburg 2013 budget

Related post:
Galesburg Public Library looks at a bare-bones budget.  (8/21/2010)

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