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 2019 adopted budget is set at $2,782,988. Of this, the Claverack Library receives $63,500. That’s 2.28% of budgeted Town taxes. Any increase in funding from the Town must be approved by public vote.
In 2019 the Library will receive approximately $3,000 from Columbia County, $1,000 from the State of New York, and $500 from the Town of Taghkanic.
This brings the total revenue from taxes for the Claverack Library to $68,000. With the Library’s 2019 operating budget set at $135,054, total tax receipts offset only 50.4% of our annual cost. The difference of $67,054 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 construct the new Claverack Free Library and Community center.
Claverack Free Library Financial Information
Annual Financial Statements/Audit Reports