Town Seal

Town of Chapel Hill
North Carolina

Executive Summary

Meeting Date: 05-04-2009
Time:                    7:00 PM

AGENDA #4c

Title of Agenda Item:  Budget Amendment for Collection Development Project

Background:  The attached staff memorandum includes background information on the library’s multi-year collection development project.  It also requests a transfer of $61,000 in Library Foundation gift funds from the Town’s library gift fund to continue funding the project. 

Fiscal Note:  The $305,000 project is funded by the Library Foundation ($250,000) and from library gift funds ($55,000).  To date, the Town has received $98,000 from the Foundation toward the project.

Staff Recommendation:  That the Council enact the attached ordinance amending the 2008-2009 library budget.


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