- The subject of the Proposed Budget for the upcoming
year is
placed
on the Executive Committee Agenda in April or May for general
discussion.
- The first draft of the Proposed Budget is presented
for
discussion
at the May or June Executive Committee meeting.
- The final draft is approved by the Executive
Committee at
their September
or October meeting. The Proposed Budget along with supplementary
information
regarding local cost is sent to all municipal councils and their
regional
representative in October. The timing should provide each municipality
with at least
one council meeting to examine the Proposed Budget prior to the Fall
Board
Meeting.
- At the Fall Board Meeting in November, the Proposed
Budget
is placed
on the agenda for discussion. The operating budget for the forthcoming
year and the related municipal grant are approved at this meeting.
Approval
of the municipal grant requires at least two-thirds majority of the
board
members attending the meeting. The operating budget and municipal grant
may be accepted as presented in the Proposed Budget or amended as
directed
by the Board.
- Associated municipal councils receive a copy of the
Fall
Board Meeting
minutes in November or December.
- In January the municipal councils receive a request
from
the regional
library for payment of the first installment of their respective
municipal
grant. The balance of the municipal levy is requested in July.
|
