FONDULAC DISTRICT LIBRARY
BOARD OF TRUSTEES
MINUTES OF THE REGULAR MEETING
July 31, 2006
Members of the Fondulac District Library Board of Trustees met in regular session on Monday, July 31, 2006. President Herring called the meeting to order at 6:33 p.m.
On roll call the following members were present: Mr. Brimberry, Mrs. Cole, Mr. Goff, Mrs. Herring, Mr. Johnston, Mr. Lasswell and Mr. Mingus. Also present were Ms. Falasz-Peterson, Director, Miss McKeever, Assistant Director and Mrs. Geier, Administrative Assistant.
M/S/P (Johnston/Mingus) to accept the minutes of the June meeting of the Board of Trustees.
The library statistical report showed receipts of $2,253.49 for July. There was an increase in circulation for June.
The bills were presented for payment.
M/S/P (Johnston/Brimberry) to accept the Treasurer’s Report and payment of bills subject to audit.
Treasurer’s Report:
GENERAL FUND CHECKING
06/29/06 Balance 2,040.75
06/06/06 ACH transfer fee (40.12)
06/29/06 Deposit – Fines, fees, misc. 197.13
06/30/06 Interest 3066700474 2.81
07/10/06 Transfer – Investment to checking 22,000.00
07/13/06 Checks issued – Payroll (21,476.85)
07/13/06 Check issued – IDES (613.30)
07/14/06 Deposit – Fines, fees, misc. 979.81
07/19/06 Voided check 23129 150.00
07/21/06 Deposit – Fines, fees, misc. 522.95
07/24/06 Transfer – Investment to checking 19,000.00
07/27/06 Checks issued – Payroll (21,256.59)
07/27/06 Checks issued – NCPERS Group Life (52.00)
07/28/06 Deposit – Fines, fees, misc. 553.60
07/28/06 Deposit – RK Dixon refund 8,000.00
07/31/06 Transfer – Working Cash to checking 22,500.00
07/31/06 Checks issued – Bills (31,075.27)
07/31/06 Balance 1,432.92
GENERAL FUND SAVINGS
06/26/06 Balance 3,499.55
06/30/06 Interest 3619307057 .43
07/31/06 Balance 3,499.98
GENERAL FUND
INVESTMENT
06/26/06 Balance 106,383.25
06/27/06 Transfer – Investment to reserve (82,000.00)
06/30/06 Interest 7139120393 784.85
07/07/06 Deposit – Replacement taxes 19,823.94
07/10/06 Transfer – Investment to checking (22,000.00)
07/24/06 Transfer – Investment to checking (19,000.00)
07/31/06 Balance 3,992.04
WORKING CASH FUND
06/26/06 Balance 265,170.07
06/30/06 Interest 7139120401 1,053.57
07/31/06 Transfer – Working cash to checking (22,500.00)
07/31/06 Balance 243,723.64
RESERVE FUND
06/26/06 Balance 1,310,702.42
06/27/06 Transfer – Investment to Reserve 82,000.00
06/30/06 Interest 7139120419 5,250.63
07/31/06 Balance 1,397,953.05
06/26/06 Balance 29,323.91
06/29/06 Deposit – Rent 250.00
06/30/06 Interest 6900342215 5.44
07/14/06 Deposit – Rent 620.00
07/28/06 Deposit – Rent 250.00
07/31/06 Checks issued – Bills (289.00)
07/31/06 Balance 30,160.35
Mrs. Geier made three authorized transfers this month. The first on the 11th was for $22,000, the second on the 25th for $19,000 and the third on the 28th for $22,500. The first two transfers were from the Investment Account to the Checking Account. The third transfer was from the Working Cash Fund to the Checking Account.
Ms. Falasz-Peterson reported that RSA met to choose a new vendor for the circulation system. As there is not a signed contract at this time, there will be more information next month. Ms. Falasz-Peterson stated that the new system would not be up and running for a year and there will be no planned increase in cost for five years.
Our annual audit will be held the week of August 21st. The auditor emphasized that they would still be able to meet our deadlines of September 20th and October 23rd.
Miss McKeever reported that once again the Summer Reading
Program was a great success. 601
children participated. The final party
will be held at Splashdown on Tuesday, August 8th from
7:00-9:00. So far there are 439 people
registered to attend. She also reported
that we are having an extended reading program.
This program came out of the
The new nametags for staff and board have arrived. Staff is being encouraged to wear them daily.
There was some discussion on the CD at
M/S/P (Johnston/Mingus)
to renew the CD at
Mr. Lasswell reported on the seminar he attended, “Deal Your Nonprofit a Winning Hand.”
The board discussed the appraisal on the Stoll property. The appraisal came in at $138,000. Mr. Brimberry suggested possibly finding a lot and moving the Stoll house for them. Mr. Goff stated that he feels that by providing an appraisal, the library has done their part. After more discussion, the board decided that they would take no further action at this time. Ms. Falasz-Peterson will draft a letter to the Stolls stating the board’s decision.
M/S/P (Johnston/Lasswell) to accept Maintenance Levy Ordinance #06-235. On roll call, all present voting yea.
Mr. Lasswell and Mrs. Cole were appointed to review the minutes of Fiscal Year 2005-06.
Mr. Johnston reported on ALS news. He stated that Kitty Pope has signed a six year contract. She will be executive director until 2012.
Mr. Goff suggested that we take the opportunity at the August 10th meeting with PSA to “hammer” out what each of our jobs will be.
Mr. Johnston made a motion to adjourn at 7:15 p.m.