The 2010 capital budget for the Library is $1,031,000, down 37 percent from the 2009 adopted budget of $1,646,000. Endorsed capital budgets across all departments were reduced due to a 45 percent drop in real estate excise tax revenue.
The Library's capital budget pays for major maintenance - projects with scopes of work that go beyond what the Library's building maintenance workers are able to undertake.
The Library will focus on high priority projects that preserve building integrity and improve functionality.
In order to maintain a viable capital program and prevent deterioration of the heavily used libraries, it will be essential to restore the capital budget to a sustainable level by 2011.