Board of Library Trustees Meeting
August 5, 2008

7:00 p.m.


Medway Public Library


Attendees:

Meena Jain, Vice Chair
Margaret Perkins, Assistant to the Director
William Roberts, Secretary
Wendy Rowe, Chair

Citizens:


Minutes:

  1. Approval of agenda
  2. Secretary's report (July)
  3. Secretary forgot to email them in time, so deferred till next month

  4. Citizens Speak
  5. None

  6. Budget Report
  7. We wound up owing the town $7 for the last fiscal year

    Grant is done, came within $250 of spending it all

    Grant enabled us to have adequate copies on hand of the school summer reading lists

    We have our first spreadsheet in some time. Wendy will email the source of funds for the various line items

  8. Acting Director's Report
  9. Old business
  10. New Business

Motion to adjourn (7:45), MJ1, WLR2, passed unanimously


Budget Report

Account Acct # Start Balance Expen. To Date End Balance % Spent
Salaries - Full Time 5110 $75,036.00 $5,772.00 $69,264.00 7.69%
Salaries - Part Time 5111 $58,709.00 $4,778.09 $53,930.91 8.14%
Longevity 5150 $600.00 $0.00 $600.00 0.00%
Electricity 5211 $17,733.00
$17,733.00 0.00%
Heating Fuel 5212 $7,500.00
$7,500.00 0.00%
R & M Miscellaneous 5240 $10,553.00 $451.00 $10,102.00 4.27%
Telephone 5341 $1,150.00 $74.13 $1,075.87 6.45%
OPS - (Minuteman bill) 5380 $19,892.00 $19,831.39 $60.61 99.70%
TOTAL - GENERAL FUND
$191,173.00 $30,906.61 $160,266.39 16.17%








Start Balance Expen. To Date Income to Date Account Bal
Memorial Donations 5400 $48,608.10 $1,593.29 $46.20 $47,061.01
Tuchinsky Fund Interest
$38,141.13 $27.15
$38,113.98
Tuchinsky Fund Principal
$102,869.11

$102,869.11
Library Restitution Fund 024-610-706-4773 $11,691.50
$209.83 $11,901.33
Copier & Printer Rev. Fund 024-610-722-4840 $537.45
$52.60 $590.05
Meeting Room Rev. Fund 024-610-723-4840 $489.18

$489.18
Free Public Library 2017 $1,609.29 $1,609.29
$0.00
TOTAL - OTHER FUNDS
$203,945.76 $3,229.73 $308.63 $201,024.66