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[quote="Jeff M."]Here is my view. 1) Coah and A500 are the main issues right now that are key. 2) The trustess, unless I am mistaken, are town residents. I don't mind keeping a small surplus in the event there is an unbudget occurance. I think that is prudent, say $50,000-$100,000. However, the remaining money should be returned each year. The trustees as residents should want to return the money as they are reducing their own property tax spending. I don't understand why this is an issue or problem of difficulty.[/quote]
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Cranbury Conservative
Posted: Sat, Jun 7 2008, 5:36 pm EDT
Post subject: Re: Charging current library Rent to help the school and students?
I am with you Jeff I ended my post above you with the same.
Here is my blog entry on A-500...
http://cranburyconservative.blogspot.com/2008/06/500-passes-assembly-appropriations.html
Jeff M.
Posted: Sat, Jun 7 2008, 4:51 pm EDT
Post subject: Re: Charging current library Rent to help the school and students?
Here is my view.
1) Coah and A500 are the main issues right now that are key.
2) The trustess, unless I am mistaken, are town residents. I don't mind keeping a small surplus in the event there is an unbudget occurance. I think that is prudent, say $50,000-$100,000. However, the remaining money should be returned each year. The trustees as residents should want to return the money as they are reducing their own property tax spending. I don't understand why this is an issue or problem of difficulty.
Cranbury Conservative
Posted: Sat, Jun 7 2008, 2:49 pm EDT
Post subject: Re: Charging current library Rent to help the school and students?
You are correct the library budget is up to over $600,000 and was previously about $300,000.
That is due to the state law that requires local taxpayers to fund libraries at $33 for every $100,000 of taxable property.
In April of this year the state legislature and Governor Corzine passed A1265 [1R] MORIARTY, RUSSO which allows library trustees to return excess funds raised from property taxes. Since some libraries receive funds in excess of what is needed for operations and have a surplus.
My concern is the Library will now spend up to their new found income level and not stay at or near the previous operating budget which they had to use.
As I have said here previously on this board and on my blog, the Cranbury Library should return its surplus to the taxpayers of Cranbury!
As important as the Library issue is we really need to be focused on COAH and A-500 at this time.
My blog…
http://cranburyconservative.blogspot.com/2008/05/cranbury-librarys-budget-surplus-should.html
grapevine
Posted: Sat, Jun 7 2008, 1:35 pm EDT
Post subject: Re: Charging current library Rent to help the school and students?
I want to know the actual surplus of the Cranbury Library and also what library expenses/budge for the school portion is and what part our public library is responsible for. I read in the Cranbury Press that the 2008 budget for the Cranbury Library is over $600K this year, that's double from last year. What's going on with our finances in Cranbury? Can someone get a straight answer from the current Director about here P/L and 2007/8 Budget from her?
Thank god we didnt build a new one at the PNC.
Guest
Posted: Fri, Jun 6 2008, 2:25 pm EDT
Post subject: Re: Cranbury school has 8 millions in debt??
The library surplus, if any, should be used to pay the rent and help reduce the 8 million debt. I did not know our school has so much debt. Hmm...
???
Posted: Fri, Jun 6 2008, 1:56 pm EDT
Post subject: Re: Charging current library Rent to help the school and students?
she mentioned she didn't have a chance to look at the reports from the library
??
Posted: Fri, Jun 6 2008, 1:27 pm EDT
Post subject: Cranbury school has 8 millions in debt??
It seems she did not answer whether the library has surplus or not.
Wow! The school has 8 millions in debt??
Guest
Posted: Fri, Jun 6 2008, 10:36 am EDT
Post subject: Re: Charging current library Rent to help the school and students?
I am confused about this part:
Susan LeDonne wrote:
Quote:
Our school has no surplus last time I looked at its published budget.
There is no surplus - the current debt of the school is $8 million.
I though the previous posts was asking about the surplus of the Cranbury Public Library not the school, and with the suggestion that it could be used to handle more of the school-related library expenses because of the school debt. This reply seems to be talking about the school debt without addressing the public library finances.
Susan LeDonne
Posted: Fri, Jun 6 2008, 10:30 am EDT
Post subject: Re: Charging current library Rent to help the school and students?
Quote:
Susan I saw your request for info posted on the Cranbury Library blog yesterday but it was delete today for some reason
We recently had a death in the family and that along with all the school year-end stuff, it's been crazy. Marilyn replied promptly to me - please excuse my delay in posting the info.
Anyway, I assume it was deleted off the library blog based on Marilyn's response to me:
Quote:
The Blog is more for comments and not questions. We have a 'contact the library by email' link at the bottom of each Webpage and under References Services "Ask a Cranbury librarian a question". My email is listed on the "About the Library" page. Using these emails is a more efficient way to contact the library.
As far as the financial information, this was her response:
Quote:
The library has copies of the Treasurer's Report and the 2008 budget.
To review or get copies of government documents you need to read and fill out the attached form. The completed form should be mailed or hand delivered to me at the library.
The form that she attached was the Library's Government Records Request Form. I have not had a chance to look at the reports.
Quote:
Our school has no surplus last time I looked at its published budget.
There is no surplus - the current debt of the school is $8 million.
Quote:
Supporting library and knowing how my tax dollars are used are two separate issues. I would like to know how the library spends my tax money.
I agree - understanding how the money is being used is not inconsistent with supporting the library. I support the library (although I did not support the purchase of the PNC building for any purpose), I also just want to know where the money goes.
Guest
Posted: Sat, May 31 2008, 7:51 am EDT
Post subject: Re: Charging current library Rent to help the school and students?
anyone have good contacts at the Cranbury library? Its been over a week since Susan asked the director for the Cranbury Library Budget. I also want to know how much surplus the library currently has, since it makes sense to use that surplus and relieve some of the burden the school currently has financially with the library. Our school has no surplus last time I looked at its published budget.
Guest
Posted: Thu, May 22 2008, 10:21 am EDT
Post subject: Re: Charging current library Rent to help the school and students?
Supporting library and knowing how my tax dollars are used are two separate issues. I would like to know how the library spends my tax money.
FriendofCurrentLibrary
Posted: Wed, May 21 2008, 9:24 pm EDT
Post subject: Re: Charging current library Rent to help the school and students?
Susan I saw your request for info posted on the Cranbury Library blog yesterday but it was delete today for some reason. The library is taxpayer funded so this info should be public and easily available. In the past, they were very responsive to post personal opinions to help support the PNC purchase but when you asked about its budget- no response. Anyone going to the library tomorrow?
Maybe its very crowded as was posted on the blog last week that could be causing the delays in info. Or maybe they aren't reading their own blog or deleted your request by mistake? Can someone ask the library director Marilynn Mullen for this info tomorrow and post it, thanks.
Susan LeDonne
Posted: Tue, May 20 2008, 10:31 am EDT
Post subject: Re: Charging current library Rent to help the school and students?
I just posted a message to Marilyn at the library to find out where I can get a copy of the financial statements for the library.
I found it interesting that, unlike this blog where replies are posted immediately, replies to the library blog must be "moderated" before posting.
Historicallyfiscal
Posted: Tue, May 20 2008, 6:53 am EDT
Post subject: Charging current library Rent to help the school and students?
So the results from today's PNC purchase for a new library went like this:
Mr Stout and Stannard voted YES today
both Mr Wittman and Panconi voted NO
and Ms. Stave didn't vote today but I assume she would have voted YES since she's the committeewoman liaison to the library board of trustees (correct me if I'm wrong Pari).
It was defeated because there wasn't a 4 out of 5 vote in favor to move forward. But a majority of the TC was in favor of building a new library and charging the library rent in the new building, why are we not doing this today??
I understand that the current library has over $90K surplus/year and none of that benefits our current building or school or students. Since the TC was so willing to consider building new and charging them rent, why are they not willing to start now and help the school with its costs now?
I know the children and school could use the Rent to offset costs and make further improvement. Is the TC willing to bring this to a vote at the next meeting? I'd like my tax dollars to be helping the current library and not accruing in some bank.
Does anyone know how much surplus the Cranbury library currently has? This should be public right?