Annie
Diamond Member
- Nov 22, 2003
- 50,848
- 4,828
- 1,790
People are commenting on the 'fact' that 52 PC's is indicative of how heavily used they are. False assumption. I went to the library site, 4 locations. How many of those pc's are for patrons? How many for library staff use?
Yes, there are vast differences in the libraries budgets, no argument. However, even for a small library $12k is not going to make much of a dent, one way or another. Anyone can see that for themselves, just look at the audit:
http://www.google.com/url?sa=t&rct=...1PrimL0AtcB13ukRQ&sig2=tsudqQriyTHMr4LsfFsmag
Page 7
Yes, there are vast differences in the libraries budgets, no argument. However, even for a small library $12k is not going to make much of a dent, one way or another. Anyone can see that for themselves, just look at the audit:
http://www.google.com/url?sa=t&rct=...1PrimL0AtcB13ukRQ&sig2=tsudqQriyTHMr4LsfFsmag
Page 7
MANAGEMENT'S DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED DECEMBER 31,2010
INTRODUCTION
This discussion and analysis (MD&A) of the Concordia Parish Librar/s financial performance provides an
overall narrative view of tihe Library's financial activities for the year ended December 31,2010, as compared to
2009. The intent of this discussion and analysis is to look at tiie Library's performance as a whole; readers
should also review the notes to the financial statements to enhance their understanding of the Library's financial
performance.
The Concordia Parish Library's main office is located on 3"* Street in Ferriday, Louisiana in Concordia Parish.
The Library provides library services to approximately 20,000 customers and is a component of the Concordia
Parish Police Jury.
FINANCIAL HIGHLIGHTS
Assets exceeded liabihties by $5,286,534 and $4,715,947 at December 31,2010 and 2009, respectively.
Total revenues exceeded expenditures by $570,587 and $596,480 at December 31, 2010 and 2009,
respectively.
The Library had net capital assets of $1,729,265 and $1,778,501 at December 31, 2010 and 2009,
respectively.
The total payroll was $268,038 and $265,965 for 2010 and 2009, respectively.
OVER VIEW OF FINANCIAL STATEMENTS
This discussion and analysis is intended to serve as an introduction to the Concordia Parish Library's basic
financial statements. The Library's basic financial statements comprise three components: 1) govemment-wide
financial statements, 2) fund financial statements^ and 3) notes to the financial statements.
Govemment-wide financial statements. The govemment-wide financial statements are designed to provide
readers witii a broad overview of the Librar/s finances, in a marmer similar to a private-sector business.
The statement of net assets presents information on all of the Librar/s assets and liabilities, with the difference
between the two reported as net assets. Over time, increases or decreases in net assets may serve as a useful
indicator of whether the financial position of the Library is improving or deteriorating.
The statement of activities presents information showing how the Librar/s net assets changed during the most
recent year.
The govemment-wide financial statements can be found on pages 6-7 of this report.
Fund financial statements. A fund is a grouping of related accounts that is used to maintain control over
resources tiiat have been segregated for specific activities or objectives.
The basic govemmental fund financial statements can be found on pages 8-11 of this report.
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