NORTH COAST LIBRARY FEDERATION Budget for Years REVENUE Provincial

							NORTH COAST LIBRARY FEDERATION
Budget for Years 2006/07 - 2007/08 - 2008/09 - 2009/10
                                                         2006/2007 Actual    2007/2008 Actual   2008/2009     2009/10
REVENUE                                                      $                   $                   $        $
Provincial Grant                                            27,000    26,727    52,000              52,000       52,000
Start-up Funding                                            25,000    25,000         0                    0
Membership Fees (See Note 1)                                 2,868     3,303     3,000                3,000       3,000
Integrated Library System (ILS)                                  0                   0                    0
Interest                                                                 218
School Distrist ILS fund                                                        30,000
                                                                                                _________
TOTAL REVENUE                                               54,868   55,248      85,000             55,000       55,000

EXPENSES
Federation Bi-Annual Conferences                             7,132    8,147      10,000             10,000       10,000
Meetings - Librarians Advisory & Board                       5,000                5,000              5,000        5,000
Contract Services                                            5,000    7,328      20,000             20,000       20,000
Audit Review                                                 1,000                1,000              1,000        1,000
Bank Charges                                                   200       43         200                300          300
Office Supplies & Postage                                        0      637       1,000              1,000        1,000
Marketing & Promotion                                            0      180       9,000              5,000        5,000
Federation Library Cards                                     1,000               27,000              3,200        3,200
ILS System                                                       0                    0             30,000            0
ILS Training                                                 3,000                2,000              2,000        2,000
Shared Collections                                               0                    0              2,500        2,500
Barcodes                                                         0                6,000              3,000            0
Library Materials Return                                     1,200                3,000              1,000        1,000
Miscellaneous                                                    0                1,000                500          500
Contingency                                                      0
                                                         _________                1,000
                                                                              _________                500
                                                                                                _________           500
TOTAL EXPENSES                                              23,532   16,335      86,200             85,000       55,000
NET INCOME                                                  31,336               -1,200            -30,000            0

CASH IN BANK, BEGINNING                                          0               41,564             40,364
SURPLUS/(SHORTFALL)                                         31,336               -1,200            -30,000
CASH IN BANK, ENDING 31 MARCH                               31,336   41,564      40,364             10,364