The majority of the library’s funding comes from local property taxes. Voters approved a 1-mill operating fund in perpetuity on August 2, 1994. Due to the Headlee Amendment, this millage has been reduced to 0.8623 mills.
On August 2, 2022, Redford Township voters approved an additional 2-mill operating fund for a period of 20 years. This millage has since been reduced to 1.9700 mills due to the Headlee Amendment.
Budget (April 1, 2025 – March 31, 2026)
Revenue:
Taxes | $3,180,000.00 |
Penal Fines | $44,000.00 |
State Aid | $51,000.00 |
Service Fees | $17,000.00 |
Investment Earnings | – |
Miscellaneous | $24,000.00 |
State Sources | $245,000.00 |
Total | $3,561,000.00 |
Expenses:
Personnel | $1,894,150.00 |
Contractual services and books | $542,750.00 |
Operating Costs | $515,550.00 |
Capital Outlays | $400,000.00 |
Debt Service | $525,356.26 |
Total |
$3,877,806.26 |
Previous Fiscal Years
- Audited Financials 2024
- Audited Financials 2023
- Audited Financials 2022
- Audited Financials 2021
- Audited Financials 2020
- Audited Financials 2019
- Audited Financials 2018
- Audited Financials 2017
- Audited Financials 2016
- Audited Financials 2015
- Audited Financials 2014
- Audited Financials 2013
- Audited Financials 2012
- Audited Financials 2011
- Audited Financials 2010
- Audited Financials 2009
- Audited Financials 2008
- Audited Financials 2007
- Audited Financials 2006
- Audited Financials 2005