Last night in Winthrop, there was a town council meeting where our library’s budget was discussed. (Full disclosure: I am a trustee.) With the new addition, the library has nearly tripled in size, and we were asking for a $25,000 increase over last year’s library budget. This is right on par with what the architect suggested would be needed for the library after the addition was built, and the councilors knew this before they approved the project. (The library requested a total of two hundred eighty-three thousand dollars out of a seventeen million dollar town budget.)
First the bad news: The town council recommended a $10,000 increase rather than a $25,000 increase, which will make what is a tight library budget even tighter. The trustees were taken to task for not wanting to use money from their endowment fund—there is about $100,000 in the account—to pad the budget. We were also chided for not doing enough to raise money for the library.
As I listened to various councilors scold us, I thought of the $900, 000 the trustees and the campaign team have raised for the addition and of the years of hard work that have gone into getting to this amount. Like most projects, the expansion fund raising started with a bang, but it is inching ever so slowly to the end, and there is a lot more fund raising to go. I would encourage all those who think raising money is a snap to join the campaign team and help us reach our goal of a little over a million dollars.
Now the good news: Despite the tongue lashings, there was also a recommendation to forgive $100,000 of the $300,000 bond taken out by the town for the library expansion. The trustees are responsible for paying this bond, which is why we are so reluctant to dip into the endowment fund to operate the library. We are concerned, quite rightly, about paying this debt. If $100, 000 of the bond were forgiven, then that would be a big help in our fund-raising efforts.
But best of all, the meeting room was packed with people who love the library. Around eighty people came to this meeting, and many of them spoke in defence of the library and the requested budget. It was heartening to see how many people in town love and use the library and how many think that it is important for the town to support the library. Unfortunately, despite the number of people, despite their eloquence, the councilors were not swayed to give the library the full $25,000 budget increase.
None of these decisions are final until the June meeting, where the budget is presented to the town, but it is my guess that the councilors will stick to the $15,000 cut and the $100,000 forgiveness of the loan.
One thing has become very clear to me. In times of budget shortfalls—brought in part by our governor’s decisions—the library is going to be a tempting target.
And we must never, never forget this.