FONDULAC DISTRICT LIBRARY
BOARD OF TRUSTEES
MINUTES OF THE REGULAR MEETING
January 30, 2006
Members of the Fondulac District Library Board of Trustees met in regular session on Monday, January 30, 2006. President Mingus called the meeting to order at 6:45 p.m.
On roll call the following members were present: Mr. Brimberry, Mrs. Cole, Mr. Goff, Mrs. Herring, Mr. Johnston and Mr. Mingus. Also present were Ms. Falasz-Peterson, Director, Miss McKeever, Assistant Director and Mrs. Geier, Administrative Assistant. Mr. Lasswell was absent.
M/S/P (Johnston/Herring) to accept the minutes of the November 2005 meeting of the Board of Trustees.
The
December library statistical report showed receipts of $2,280.71 for December
plus $71,399.36 from county taxes. There
was a decrease in
The bills were presented for payment.
Treasurers Report:
Fund Activity Thru 12/31/05
GENERAL FUND CHECKING
11/28/05 Balance 1,401.81
11/17/05 Checks issued NCPERS Group Life (52.00)
11/29/05 Transfer Investment to checking 20,500.00
11/30/05 Interest 3066700474 3.11.
12/01/05 Checks issued Payroll (20,753.58)
12/02/05 Deposit Fines, fees, misc. 687.31
12/02/05 Deposit County Taxes 71,399.36
12/09/05 Deposit Fines, fees, misc. 816.54
12/15/05 Checks issued Payroll (21,427.01)
12/15/05 Checks issued NCPERS Group Life (52.00)
12/15/05 Checks issued E.P. Chamber of Commerce (1,550.00)
12/15/05 Deposit Fines, fees, misc. 275.82
12/22/05 Checks issued Bills (65,058.07)
12/22/05 Transfer Investment to checking 36,000.00
12/22/05 Deposit Fines, fees, misc. 501.04
12/29/05 Checks issued Payroll (20,756.66)
12/29/05 Checks issued Payroll taxes & Walmart (928.45)
12/31/05 Interest 3066700474 12.53
12/31/05 Balance 964.08
GENERAL FUND SAVINGS
11/28/05 Balance 3,496.75
11/30/05 Interest 3619307057 .30
12/31/05 Interest 3619307057 .39
12/31/05 Balance 3,497.44
GENERAL FUND
INVESTMENT
11/28/05 Balance 600,446.54
11/29/05 Transfer Investment to checking (20,500.00)
11/30/05 Interest 7139120393 1,932.82
12/07/05 Deposit Replacement Tax 5,031.82
12/22/05 Transfer Investment to checking (36,000.00)
12/31/05 Interest 7139120393 1,893.37
12/31/05 Balance 552,804.55
WORKING CASH FUND
11/28/05 Balance 258,625.57
11/30/05 Interest 7139120401 821.64
12/31/05 Interest 7139120401 884.94
12/31/05 Balance 259,447.21
RESERVE FUND
11/28/05 Balance 1,278,353.71
11/30/05 Interest 7139120419 4,061.24
12/31/05 Interest 7139120419 4,374.16
12/31/05 Balance 1,282,414.95
11/28/05 Balance 24,667.10
11/30/05 Interest 6900342215 4.19
12/02/05 Deposit Rent 318.00
12/09/05 Deposit Rent 302.00
12/22/05 Check issued Bill (23.77)
12/22/05 Deposit Rent 250.00
12/31/05 Interest 6900342215 4.71
12/31/05 Balance 25,517.52
Fund Activity Thru 1/30/06
GENERAL FUND
CHECKING
01/01/06 Balance 964.08
01/06/06 Deposit Fines, fees, misc. 453.37
01/06/06 Deposit Insurance reimbursement 1,641.07
01/10/06 Transfer Investment to checking 19,000.00
01/12/06 Checks issued Payroll (20,618.44)
01/12/06 Check issued ALS (270.00)
01/12/06 Check issued IDES (127.07)
01/13/06 Deposit Fines, fees, misc. 395.39
01/20/06 Deposit Fines, fees, misc. 272.41
01/23/06 Transfer Investment to checking 21,000.00
01/26/06 Checks issued Payroll (20,986.31)
01/26/06 Check issued Credit card (864.00)
01/26/06 Checks issued NCPERS Group Life (52.00)
01/27/06 Deposit Fines, fees, misc. 488.15
01/27/06 Deposit City of
01/30/06 Transfer Investment to checking 33,000.00
01/30/06 Checks issued Bills (37,917.65)
01/30/06 Balance 1,131.07
GENERAL FUND SAVINGS
01/01/06 Balance 3,497.44
01/30/06 Balance 3,497.44
GENERAL FUND
INVESTMENT
01/01/06 Balance 552,804.55
01/06/06 Deposit Replacement Taxes 15,030.42
01/10/06 Transfer Investment to checking (19,000.00)
01/23/05 Transfer Investment to checking (21,000.00)
01/300/6 Transfer Investment to checking
(33,000.00)
01/30/06 Balance 494,834.97
WORKING CASH FUND
01/01/06 Balance 259,447.21
01/30/06 Balance 259,447.21
RESERVE FUND
01/01/06 Balance 1,282,414.95
01/30/06 Balance 1,282,414.95
01/01/06 Balance 25,517.52
01/06/06 Deposit Rent 620.00
01/27/06 Deposit Rent 450.00
01/30/06 Checks issued Bills (150.36)
01/30/06 Balance 26,437.16
Mrs. Geier made four authorized transfers in December and January. The first on December 22nd was for $36,000, the second on January 10th was for $19,000, the third on January 23rd was for $21,000 and the fourth on January 30th was for $33,000. All transfers were from the Investment Fund to the Checking Account.
Ms. Falasz-Peterson stated that she has noticed a trend
with our
It was reported that we will begin saving approximately $2,000 per year as RSA will be paying for the enhanced content of our card catalog and Kids cat.
We received a letter in December from our attorney, Phil Lenzini, stating that his fee will be increasing to $150 per hour.
Miss McKeever reported that she has contacted
Miss McKeever informed the board that on January 18th and 19th we held our first two initial Friends Group meetings. They were well attended and we currently have nine new members. There will be another meeting on February 15th at 4:00 p.m. Mrs. Herring suggested handing out a Friends Group brochure to each board member and to all people who come to our programs. Mr. Brimberry asked if this would be a 501(C)(3) type of group. Ms. Falasz-Peterson stated that they really havent gotten that far. Mr. Brimberry also inquired about a creating a foundation. Mrs. Herring suggested finding out how much money a friends group can raise before they have to become 501(C)(3).
The finance committee reported that they have spoken via telephone and discussed when would be a good time to meet. They thought at this committee meeting we should discuss if we are going to hire a financial planner to help us decide what kind of funding we really need, i.e. are we going to sell bonds and ask for help raising money to pay for them, get a mortgage, just what kind of funding would be best for our library at this time. They will compare calendars and decide a date for a committee meeting.
Ms. Falasz-Peterson touched on the highlights of chapters 7-9 of the Trustee Fact Files.
Weve been invited by the Illinois State Library to participate in a library sustainability project. It is funded through the Bill & Melinda Gates Foundation and it talks about continued access in rural communities. We were chosen to take part in this project since we serve a population of fewer than 25,000 people. Alliance Library System is hosting one of these workshops on Tuesday, March 14th from 10:00-4:00. Ms. Falasz-Peterson stated that she would be happy to make a reservation for any interested board member. If no board member is able to attend, she would be able to go to the workshop. It was decided that Ms. Falasz-Peterson will attend, but if something would come up on her schedule, Mr. Johnston would attend in her place.
Wednesday, March 1st is Advocacy Day in
Ms. Falasz-Peterson reminded the board that at our last board meeting a new Internet policy was brought before the board. There was a motion to approve the suggested change, but then there was a lot of discussion regarding making sure we had parental signatures for children under the age of 18. The policy has been implemented, but there needs to be a second to the amendment of the original motion. Mr. Brimberry seconded the amendment to the original motion made at the November board meeting to require parental signatures for children under the age of 18 to use the internet.
M/S/P (Johnston/Cole) to go into executive session at 7:14 p.m. to discuss personnel. On roll call: Mr. Brimberry-yea; Mrs. Cole-yea; Mr. Goff-yea; Mrs. Herring-yea; Mr. Johnston-yea; Mr. Mingus-yea.
M/S/P (Herring/Brimberry) to return to executive session at 7:35 p.m. On roll call: Mr. Brimberry-yea; Mrs. Cole-yea; Mr. Goff-yea; Mrs. Herring-yea; Mr. Johnston-yea; Mr. Mingus-yea.
There was discussion on the Kolb certificate of deposit which comes to term on February 3rd. Ms. Falasz-Peterson informed the board at this time that we have also received our inheritance from the Kathryn Poff-White estate. Included in the board handouts were rate sheets from area banks for CD and money market accounts. The board discussed putting the Poff-White inheritance with the Kolb inheritance into one CD or money market. M/S/P (Herring/Johnston) to put the Kolb and the Poff-White inheritances together into a six month CD at Morton Community Bank at 4.47% interest.
Ms. Falasz-Peterson reported that Norma Smith will be
retiring as of March 1st. She
has been contracting with us to do our cataloging. We are fortunate enough to have Susan
Sullivan on staff who can take over these cataloging duties. Susan has her MLS from
M/S/P (Herring/Brimberry) to adopt the Gift Policy as distributed.
Mr. Johnston reported on ALS news.
M/S/P (Johnston/Herring) to accept the evaluation of the director and the salary schedule discussed in the June 2005 executive session retroactive to January 1, 2006. On roll call: Mr. Brimberry-yea; Mrs. Cole-yea; Mr. Goff-yea; Mrs. Herring-yea; Mr. Johnston-yea; Mr. Mingus-yea.
Mr. Mingus adjourned the meeting at 8:00 p.m.