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HomeMy WebLinkAbout2022-06-22; Library Board of Trustees; ; FY 2022-23 Library Budget Next Steps June 22, 2022 ITEM 2 1 of 1 Meeting Date: June 22, 2022 To: Library Board of Trustees From: Fiona Everett, Senior Management Analyst Staff Contact: Fiona Everett, fiona.everett@carlsbadca.gov Subject: FY 2022-23 Library Budget Next Steps District: All Recommended Action Receive an update from staff on the FY 2022-23 budget. Executive Summary/Discussion At their meeting on June 14, 2022, City Council approved the fiscal year 2022-2023 budget. The Library Board’s letter to City Council supporting staff’s budget recommendations was attached as an exhibit to the report. Elimination of late fines for overdue library materials was approved as part of the FY 2022-23 Master Fee Schedule. Next Steps Staff will make the necessary changes to the integrated library system, financial process and communications in order to operationalize the elimination of late fines. Fiscal Analysis Library revenue will decrease resulting from the elimination of late fines for overdue library materials. The estimated revenue lost, from a five-year average revenue minus the cost of collecting fines is $62,110. Public Notification Public notice of this item was posted in keeping with the Ralph M. Brown Act and was available for public viewing and review at least 72 hours before the scheduled meeting date. Exhibits None. LIBRARY BOARD OF TRUSTEES Staff Report FY 2022-23 Library Budget Next Steps Fiona Everett, Senior Management Analyst June 22, 2022 f Carlsbad City Library BUDGET UPDATES •City Council approved the FY 2022-23 Budget on June 14 •Additional funds for Community Arts Grants •No new positions •Operations budget reduced by 1.5%, offset by donations and endowments •Elimination of fines for overdue library materials ITEM 2: FY 2022-23 Library Budget Next Steps f Carlsbad City Library APPROVED: ELIMINATION OF OVERDUE FINES •Community focused •Support for equity and access –Financial penalties drive away the people who stand to benefit the most from free library resources –Libraries that eliminated late fines found a higher rate of item return and increased circulation •Nearly all of San Diego county libraries have eliminated late fines for overdue materials ITEM 2: FY 2022-23 Library Budget Next Steps f Carlsbad City Library IMPLEMENTATION •Updated Master Fee Schedule effective September 1, 2022 •Fees for damaged, lost or books not returned, inter-library loans and other services will remain in place •Public awareness campaign in partnership with the communications department •Changes include: –Integrated library system (ILS) –Notification services –Circulation policies and procedures –Collections management –Existing fines on patron accounts –Customer service scripts for staff ITEM 2: FY 2022-23 Library Budget Next Steps f Carlsbad City Library FISCAL IMPACT ITEM 2: FY 2022-23 Library Budget Next Steps •Average yearly fine revenue lost: $131,718 •Cost of collecting fines is $60K to $70K annually •Net revenue lost is about $60K •Lost revenue is less than one percent of Library operating budget f Carlsbad City Library WHAT DO WE EXPECT? ITEM 2: FY 2022-23 Library Budget Next Steps •Increased number of returned materials •With fewer suspended accounts, increased number of patrons •Adjustments may be needed for: •Hold times •Quantity of titles •Time before material is considered lost •Collection agency criteria •Will update the Library Board on changes and progress f Carlsbad City Library NEXT STEPS Date JULY 1 New Fiscal Year Begins JUNE 14 City Council Adopted FY 2022- 23 Budget ITEM 2: FY 2022-23 Library Budget Next Steps SEPT 1 FY 2022-23 Master Fee Schedule Effective, including Elimination of Late Fines r Carlsbad City Library