Library Finances

Have you ever wondered why the Claverack Free Library asks for donations? You may be surprised by how little of your local taxes go toward funding the Library.

The Town of Claverack’s 2017 adopted budget is set at $2,635,905. Of this, the Claverack Library receives $58,500. That’s 2.22% of budgeted Town taxes. Any increase in funding from the Town must be approved by public vote.

In 2017 the Library will receive approximately $5,000 from Columbia County, $1,700 from the State of New York, and $500 from the Town of Taghkanic.

This brings the total tax income for the Claverack Library to $65,700. With the Library’s 2017 operating budget set at $108,950, total tax receipts offset only 60% of our annual costs. The difference of $43,250 is dependent upon grants, fund raisers and your generous donations.  This is why support from the community is essential to our operations and continued service.

The library has two separate budgets, one for general operations and one dedicated solely to construction of the new library. It is important to know that no local tax money has been or will be applied to create the new Claverack Free Library and Community center.

 

Claverack Free Library Financial Information

Budget 2017

Budget 2016

January 2016

November 2015

Annual Financial Statements/Audit Reports

2015 Financial Statements/Audit Report

2014 Financial Statements/Audit Report

2013 Financial Statements/Audit Report

2012 Financial Statements/Audit Report

2011 Financial Statements/Audit Report

2010 Financial Statements/Audit Report