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HomeMy WebLinkAbout2026-02-16 - Agendas - Final Board of Trustees February 16, 2026 4 pm AGENDA Regular Meeting – Ziegler Reception Room Sallie Overbey, President Apr 2028 Rob Qualls Apr 2026 Stan Rodgers, Vice-President Apr 2027 Bret Park Apr 2028 Amy Wilbourn, Treasurer Apr 2027 Carla Davis Apr 2030 Hope Bradberry Apr 2029 Our mission is to strengthen our community and empower our citizens through free and public access to knowledge. I. Call to Order II. Roll Call III. Minutes: Approval of minutes from December 1, 2025: pages 1-2 IV. Reports A. Key Upcoming Events: page 3 B. Mission Moment C. Library Administration 1. Management Reports a. Performance Measures: pages 4-5 b. Strategic Plan progress December 2025 – January 2026: pages 6-7 2. Financial reports: pages 8-17 3. Informational a. Fee forgiveness tree b. Shelving report c. Act 372 update d. Reading the Greens e. Strategic update RFP response f. Staff parking guidelines: pages 18-21 g. Lifeworks training h. HR Report D. Media Update: pages 22-25 E. Fayetteville Public Library Foundation monthly report: pages 26-28 F. Friends of the Fayetteville Public Library V. New business A. Discussion items 1. Rollover 2025 Budget: pages 29-34 2. Building modifications for storage room 210: page 35 VI. Public Comment Adjournment 1 2 Absolute Beginner Bachata Series Thursday, February 26 & March 5, 12 & 19, 6pm This four-part series, led by Kyndal Saverse, will cover the basics of bachata. Each class will have minor progressions, but will still be accessible to anyone joining for the first time, so participants are welcome to join at any point in the series. From Maker to Market Spring 2026 cohort starts in March From Maker to Market is a 12-week program combining hands-on training in digital fabrication, product prototyping, marketing, and business development with online coursework. Participants will learn to use the tools in the Center for Innovation to develop working prototypes and strengthen their business plans, and those who complete the required 72 training hours will receive a $500 startup stipend to support materials, production tools, or business fees. Super Saturday: Arkansas Math Discovery Day Saturday, March 7, 10am–1pm (drop-in) Members of the University of Arkansas Department of Mathematical Sciences and others from the community will share their love and joy of mathematics through a variety of hands-on activities for the whole family, including math games, puzzles, art, and more. An Afternoon with Kathleen DuVal – Author & 2025 Pulitzer Winner Sunday, March 8, 2pm Fayetteville native and Pulitzer Prize-winning historian Kathleen DuVal will join KUAF’s Kyle Kellams for a discussion about her book, “Native Nations: A Millennium in North America.” Pearl’s Books will be selling books at the event, and a book signing will follow the discussion. Sharks – Museum at the Library Tuesday, March 24, 5:30–7:30pm (drop-in) University of Arkansas Museum staff host a special pop-up exhibition each month at FPL! In March, they will showcase a display of shark specimens from the collections, such as teeth (including megalodon) and eggs. Basics of Seed Starting Saturday, March 28, 2pm Learn how to start summer vegetables from seed in this beginner-friendly workshop led by the Washington County Master Gardeners. Celebration of Art Reception Thursday, April 2, 3:30–5pm (drop-in) Come see the beautiful masterpieces that our youth patrons will be creating throughout March during our Celebration of Art workshop series. faylib.org / 401 W. Mountain St., Fayetteville, AR 72701 Key Upcoming Events 3 4 5 6 7 Fayetteville Public Library CY 2026 Monthly Financial Update Month Ending January 31, 2026 (Preliminary: Subject to Audit) Where We Stand Overall, the library is slightly ahead compared to the approved budget. So far this year, we are spending less than expected for this point in time. Money coming in is higher than expected, and we have enough cash on hand to comfortably pay our bills. Since this is the first month of the year, results mainly reflect timing. Some spending occurs later in the year, and some money comes in earlier. At this point, this does not change our overall expectations for the year. Money Coming In • So far this year, we have received $571,805, compared to $499,732 planned. • This month’s results were mainly influenced by: o Property tax coming in slightly higher than planned. • Differences from the plan are due to when money arrives during the year, not because we expect to receive less overall. Summary: Money received is slightly higher than expected. Money Going Out • So far this year, we have spent $756,806, compared to $1,163,299 planned. • Spending overall is below the plan. • A few things worth noting: o Staff pay and benefits: Spending looks normal based on our staffing plan. o Other costs: No items stand out this month. Summary: We spent less than planned so far, which is typical early in the year. Staffing Overview • Our staffing levels remain within the approved budget. • Changes this month: o Two hires were made in January, both of which were budgeted. o The month ended with one position open. Summary: Staffing activity falls within planned budget with no surprises. Cash on Hand • We have enough cash available to cover day-to-day expenses. • We do not expect any difficulty paying bills in the coming months. Summary: The library can comfortably cover its expenses. Looking Ahead Over the next few months, staff will keep an eye on: • Upcoming software renewals, which will occur later in the year and will increase spending at that time • Property tax revenue, to ensure collections continue to align with expectations 8 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Revenue Expenditures YTD Budget to Actual YTD Budget Actual $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 Jan '25 Feb '25 Mar '25 Apr '25 May '25 Jun '25 Jul '25 Aug '25 Sep '25 Oct '25 Nov '25 Dec '25 Jan '26 Operating Revenue vs. Operating Expenses Operating Revenue Operating Expenses Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2022 172,245 109,149 31,826 278,545 1,494,8 167,110 129,381 102,381 125,610 457,275 1,521,0 680,634 2023 224,095 39,967 38,023 234,450 1,753,6 126,104 111,861 115,608 123,611 469,308 1,751,6 1,199,2 2024 321,770 13,552 12,186 129,384 1,828,8 318,454 163,559 128,815 146,921 667,315 1,867,6 345,698 2025 357,073 28,815 24,315 208,369 2,144,6 177,581 209,189 108,675 149,221 751,769 2,071,6 386,042 2026 399,898 - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 Property Tax Revenue: 5-Year Trend 9 Preliminary: Subject to Audit Year Ending Year To Date Period Ending Month Ending 12/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 ANNUAL BUDGET Adopted Budget Amended Budget YTD Budget YTD ACTUAL ACTUAL ENCUMBRANCES REMAINING BUDGET % Used/Rec'd Revenue Local Tax Support 4882 - Ext. Transfer from City - Property Tax Rev. 7,117,664.00 7,117,664.00 283,371.00 399,897.89 399,897.89 0.00 6,717,766 5.6 % Local Tax Support 7,117,664.00 7,117,664.00 283,371.00 399,897.89 399,897.89 0.00 6,717,766 5.6 % City of Fayetteville Transfers 4880 - Ext. Transfer from City - Operations 1,812,401.00 1,812,401.00 151,038.00 151,033.42 151,033.42 0.00 1,661,368 8.3 % City of Fayetteville Transfers 1,812,401.00 1,812,401.00 151,038.00 151,033.42 151,033.42 0.00 1,661,368 8.3 % State Aid & Grant Revenue 4010 - State Library Turnback 135,000.00 135,000.00 0.00 0.00 0.00 0.00 135,000 0.0 % State Aid & Grant Revenue 135,000.00 135,000.00 0.00 0.00 0.00 0.00 135,000 0.0 % Charges for Services 4201 - Lease Income 50,400.00 50,400.00 4,200.00 0.00 0.00 0.00 50,400 0.0 % 4202 - Rental Income 22,000.00 22,000.00 3,500.00 0.00 0.00 0.00 22,000 0.0 % 4203 - Nontaxable Rental Fees 41,200.00 41,200.00 2,165.00 5,795.00 5,795.00 0.00 35,405 14.1 % 4205 - Copier & Printer Income 6,000.00 6,000.00 473.00 440.78 440.78 0.00 5,559 7.3 % 4220 - Merchandise Sales 800.00 800.00 75.00 61.50 61.50 0.00 739 7.7 % 4225 - Taxable Merchandise Sales 0.00 0.00 0.00 134.98 134.98 0.00 (135)0.0 % 4302 - Fees 70,000.00 70,000.00 4,910.00 6,605.61 6,605.61 0.00 63,394 9.4 % 4995 - Cash Over and Short 0.00 0.00 0.00 (0.90)(0.90)0.00 1 0.0 % Charges for Services 190,400.00 190,400.00 15,323.00 13,036.97 13,036.97 0.00 177,363 6.8 % Contributions & Donations 4650 - Contributions - Undesignated 0.00 0.00 0.00 68.41 68.41 0.00 (68)0.0 % Contributions & Donations 0.00 0.00 0.00 68.41 68.41 0.00 (68)0.0 % Miscellaneous Revenue 4992 - Misc. Revenue 0.00 0.00 0.00 1.51 1.51 0.00 (2)0.0 % Miscellaneous Revenue 0.00 0.00 0.00 1.51 1.51 0.00 (2)0.0 % Transfers In 6010 - Int. Transfer In 270,000.00 270,000.00 50,000.00 0.00 0.00 0.00 270,000 0.0 % 4899 - Ext. Transfer In 125,626.00 125,626.00 0.00 936.00 936.00 0.00 124,690 0.7 % Library Operations Fayetteville Public Library Budget to Actual (Unrestricted) As of January 31, 2026 This report reflects only unrestricted funds within Fund 10.10 Preliminary: Subject to Audit Year Ending Year To Date Period Ending Month Ending 12/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 ANNUAL BUDGET Adopted Budget Amended Budget YTD Budget YTD ACTUAL ACTUAL ENCUMBRANCES REMAINING BUDGET % Used/Rec'd Transfers In 395,626.00 395,626.00 50,000.00 936.00 936.00 0.00 394,690 0.2 % Investment Earnings Investment Income 0.00 0.00 0.00 6,830.72 6,830.72 0.00 (6,831)0.0 % Total Investment Earnings 0.00 0.00 0.00 6,830.72 6,830.72 0.00 (6,831)0.0 % Total Revenue 9,651,091.00 9,651,091.00 499,732.00 571,804.92 571,804.92 0.00 9,079,286 5.9 % Expenditures Personnel Services Salary & Wages 5100 - Salaries 2,509,933.00 2,509,933.00 205,061.00 213,688.31 213,688.31 0.00 2,296,245 8.5 % 5102 - Hourly Wages 2,645,836.00 2,645,836.00 216,162.00 132,443.32 132,443.32 0.00 2,513,393 5.0 % 5103 - Overtime 0.00 0.00 0.00 1,170.33 1,170.33 0.00 (1,170)0.0 % 5105 - Vacation Pay 0.00 0.00 0.00 17,974.45 17,974.45 0.00 (17,974)0.0 % 5106 - Sick Pay 0.00 0.00 0.00 8,520.84 8,520.84 0.00 (8,521)0.0 % 5112 - Holiday Pay 0.00 0.00 0.00 53,479.25 53,479.25 0.00 (53,479)0.0 % 5113 - Social Security Taxes 394,419.00 394,419.00 32,223.00 31,074.96 31,074.96 0.00 363,344 7.9 % 5115 - Unemployment 7,264.00 7,264.00 7,264.00 3,560.88 3,560.88 0.00 3,703 49.0 % 5116 - Workers Compensation 45,000.00 45,000.00 45,000.00 26,501.32 26,501.32 0.00 18,499 58.9 % Total Salary & Wages 5,602,452.00 5,602,452.00 505,710.00 488,413.66 488,413.66 0.00 5,114,038 8.7 % Employee Benefits 5110 - Salary Contingency 115,522.00 115,522.00 0.00 0.00 0.00 0.00 115,522 0.0 % 5120 - Health Insurance 454,174.00 454,174.00 37,849.00 33,126.26 33,126.26 0.00 421,048 7.3 % 5121 - Health Savings Account 85,335.00 85,335.00 7,113.00 6,166.53 6,166.53 0.00 79,168 7.2 % 5122 - Life Insurance 18,497.00 18,497.00 1,513.00 1,443.54 1,443.54 0.00 17,053 7.8 % 5135 - Retirement Saving Plan 433,133.00 433,133.00 35,387.00 32,484.55 32,484.55 0.00 400,648 7.5 % Employee Benefits 1,106,661.00 1,106,661.00 81,862.00 73,220.88 73,220.88 0.00 1,033,440 6.6 % Total Personnel Services 6,709,113.00 6,709,113.00 587,572.00 561,634.54 561,634.54 0.00 6,147,478 8.4 % Materials & Supplies 5200 - Office Supplies & Printing 87,986.00 87,986.00 8,961.00 5,025.55 5,025.55 0.00 82,960 5.7 % 5201 - Small Tools & Equipment 25,000.00 25,000.00 2,000.00 0.00 0.00 0.00 25,000 0.0 % Library Operations Fayetteville Public Library Budget to Actual (Unrestricted) As of January 31, 2026 This report reflects only unrestricted funds within Fund 10.11 Preliminary: Subject to Audit Year Ending Year To Date Period Ending Month Ending 12/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 ANNUAL BUDGET Adopted Budget Amended Budget YTD Budget YTD ACTUAL ACTUAL ENCUMBRANCES REMAINING BUDGET % Used/Rec'd 5203 - Medical Supplies 2,025.00 2,025.00 0.00 0.00 0.00 0.00 2,025 0.0 % 5210 - Food & Catering for Events 5,350.00 5,350.00 87.00 5.29 5.29 0.00 5,345 0.1 % 5218 - Cleaning Supplies 60,050.00 60,050.00 5,000.00 14,534.18 14,534.18 0.00 45,516 24.2 % 5220 - Tech Supplies 21,700.00 21,700.00 1,600.00 1,969.38 1,969.38 0.00 19,731 9.1 % 5224 - Landscape Materials 11,400.00 11,400.00 0.00 0.00 0.00 0.00 11,400 0.0 % 5226 - Merchandise for Resale 1,300.00 1,300.00 0.00 0.00 0.00 0.00 1,300 0.0 % 5230 - Computer Hardware Supplies 53,000.00 53,000.00 4,750.00 1,317.73 1,317.73 0.00 51,682 2.5 % 5235 - Signage 6,801.00 6,801.00 487.00 7,177.48 7,177.48 0.00 (376) 105.5 % 5250 - On-line Database 1,000.00 1,000.00 0.00 1,500.00 1,500.00 0.00 (500) 150.0 % 5251 - Programming Materials & Supplies 90,872.00 90,872.00 17,195.00 5,281.34 5,281.34 0.00 85,591 5.8 % 5252 - Repair Parts & Damaged Repairs 1,500.00 1,500.00 0.00 15.02 15.02 0.00 1,485 1.0 % 5255 - Circulating Equipment 200.00 200.00 0.00 131.69 131.69 0.00 68 65.8 % 5260 - Print Books 33,750.00 33,750.00 2,812.00 0.00 0.00 0.00 33,750 0.0 % 5265 - E-Book 63,360.00 63,360.00 5,279.00 0.00 0.00 0.00 63,360 0.0 % Materials & Supplies 465,294.00 465,294.00 48,171.00 36,957.66 36,957.66 0.00 428,336 7.9 % Services & Charges 5301 - Advertisement 10,191.00 10,191.00 768.00 2,114.00 2,114.00 0.00 8,077 20.7 % 5303 - Subscriptions, Publications and Dues 107,476.00 107,476.00 11,448.00 8,418.03 8,418.03 0.00 99,058 7.8 % 5304 - Licenses & Permits 600.00 600.00 450.00 0.00 0.00 0.00 600 0.0 % 5305 - Postage 20,000.00 20,000.00 1,666.00 29.01 29.01 0.00 19,971 0.1 % 5350 - Programming Services 172,170.00 172,170.00 122,320.00 9,025.00 9,025.00 0.00 163,145 5.2 % 5358 - Hospitality 1,400.00 1,400.00 100.00 0.00 0.00 0.00 1,400 0.0 % 5360 - Mileage Reimbursement 5,692.00 5,692.00 942.00 43.50 43.50 0.00 5,649 0.8 % 5361 - Training & Development 70,911.00 70,911.00 15,264.00 4,495.66 4,495.66 0.00 66,415 6.3 % 5362 - Travel 71,904.00 71,904.00 9,875.00 1,370.20 1,370.20 0.00 70,534 1.9 % 5375 - Employee Recognition 37,846.00 37,846.00 1,185.00 3,503.72 3,503.72 0.00 34,342 9.3 % 5385 - Board & Volunteer Recognition 4,000.00 4,000.00 0.00 0.00 0.00 0.00 4,000 0.0 % 5390 - Uniform Expense 14,400.00 14,400.00 1,200.00 2,161.55 2,161.55 0.00 12,238 15.0 % 5424 - Equipment Lease/Rental 7,000.00 7,000.00 415.00 570.27 570.27 0.00 6,430 8.1 % 5421 - Insurance - Building 200,000.00 200,000.00 0.00 0.00 0.00 0.00 200,000 0.0 % 5422 - Insurance - Liability 17,810.00 17,810.00 0.00 (22.00) (22.00)0.00 17,832 (0.1) % 5423 - Other Rental 19,200.00 19,200.00 1,600.00 4,315.00 4,315.00 0.00 14,885 22.5 % 5394 - Admin & Management Fees 32,000.00 32,000.00 0.00 0.00 0.00 0.00 32,000 0.0 % 5395 - Bank Service Charges 25,000.00 25,000.00 2,084.00 2,562.06 2,562.06 0.00 22,438 10.2 % 5905 - Operating Contingency 70,000.00 70,000.00 70,000.00 0.00 0.00 0.00 70,000 0.0 % Total Services & Charges 887,600.00 887,600.00 239,317.00 38,586.00 38,586.00 0.00 849,014 4.3 % Library Operations Fayetteville Public Library Budget to Actual (Unrestricted) As of January 31, 2026 This report reflects only unrestricted funds within Fund 10.12 Preliminary: Subject to Audit Year Ending Year To Date Period Ending Month Ending 12/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 ANNUAL BUDGET Adopted Budget Amended Budget YTD Budget YTD ACTUAL ACTUAL ENCUMBRANCES REMAINING BUDGET % Used/Rec'd 5340 - Audit 56,000.00 56,000.00 0.00 0.00 0.00 0.00 56,000 0.0 % 5341 - Legal 17,550.00 17,550.00 1,463.00 2,061.00 2,061.00 0.00 15,489 11.7 % 5344 - Contract Services 398,250.00 398,250.00 48,133.00 23,669.64 23,669.64 2,875.00 371,705 6.7 % Purchased Professional and Technical Ser- vices 471,800.00 471,800.00 49,596.00 25,730.64 25,730.64 2,875.00 443,194 6.1 % 5310 - Telecommunications 36,360.00 36,360.00 3,030.00 3,432.23 3,432.23 0.00 32,928 9.4 % 5312 - Natural Gas 35,000.00 35,000.00 7,000.00 6,450.99 6,450.99 0.00 28,549 18.4 % 5314 - Electricity 286,000.00 286,000.00 20,000.00 14,285.71 14,285.71 0.00 271,714 5.0 % 5316 - Municipal Water 27,600.00 27,600.00 2,300.00 1,908.60 1,908.60 0.00 25,691 6.9 % Utilities 384,960.00 384,960.00 32,330.00 26,077.53 26,077.53 0.00 358,882 6.8 % Services & Charges 1,744,360.00 1,744,360.00 321,243.00 90,394.17 90,394.17 2,875.00 1,651,091 5.3 % Maintenance 5401 - Building Maintenance 63,600.00 63,600.00 5,300.00 10,289.93 10,289.93 0.00 53,310 16.2 % 5405 - Landscape Maintenance 10,000.00 10,000.00 900.00 225.00 225.00 0.00 9,775 2.3 % 5410 - Equipment Maintenance 66,778.00 66,778.00 6,214.00 18,524.65 18,524.65 0.00 48,253 27.7 % Maintenance 140,378.00 140,378.00 12,414.00 29,039.58 29,039.58 0.00 111,338 20.7 % Capital Outlay 587,047.00 587,047.00 193,899.00 38,780.05 38,780.05 9,832.51 538,434 8.3 % Total Expenditures 9,646,192.00 9,646,192.00 1,163,299.00 756,806.00 756,806.00 12,707.51 8,876,678 8.0 % Change in Net Assets 4,899.00 4,899.00 (663,567.00)(185,001.08)(185,001.08)(12,707.51)202,608 (4,035.7) % Library Operations Fayetteville Public Library Budget to Actual (Unrestricted) As of January 31, 2026 This report reflects only unrestricted funds within Fund 10.13 Preliminary: Subject to Audit 10--Library Operations 15--Expansion - Operations 20--Long Term - Reserve 30--Facility Reserve 40--Furniture & Equipment Reserve 50--Technology Equipment Reserve 70--Bond Debt Service Fund 85--Events All Funds Year Ending Year To Date 12/31/2026 Remaining Budget Amended Budget YTD Actual YTD Actual YTD Actual YTD Actual YTD Actual YTD Actual YTD Actual YTD Actual YTD Actual Includes Encumbrance Revenue Local Tax Support 11,057,977.00 399,897.89 0.00 0.00 0.00 0.00 0.00 191,950.71 0.00 591,848.60 10,466,128.40 City of Fayetteville Transfers 2,412,401.00 192,700.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 192,700.12 2,219,700.88 State Aid & Grant Revenue 150,000.00 8,023.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8,023.45 141,976.55 Charges for Services 503,220.00 13,036.97 0.00 0.00 0.00 0.00 0.00 0.00 14,900.00 27,936.97 475,283.03 Contributions & Donations 0.00 68.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 68.41 (68.41) Miscellaneous Revenue 0.00 1.51 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.51 (1.51) Transfers In 495,626.00 936.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 936.00 494,690.00 Investment Earnings Investment Income 0.00 6,830.72 871.81 2,661.23 1,540.57 461.53 894.56 0.00 244.23 13,504.65 (13,504.65) Gain/Loss - Unrealized 0.00 0.00 0.00 (2,306.59)(1,421.81)(514.27)(722.62)0.00 0.00 (4,965.29)4,965.29 Investment Management Fees & Expenses 0.00 0.00 0.00 (1,155.00)(544.00)(274.00)(410.00)0.00 0.00 (2,383.00)2,383.00 Total Investment Earnings 0.00 6,830.72 871.81 (800.36)(425.24)(326.74)(238.06)0.00 244.23 6,156.36 (6,156.36) Use of Reserves 4,766.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,766.00 Total Revenue 14,623,990.00 621,495.07 871.81 (800.36)(425.24)(326.74)(238.06)191,950.71 15,144.23 827,671.42 13,796,318.58 Expenditures Personnel Services Salary & Wages 5,770,472.00 500,300.91 0.00 0.00 0.00 0.00 0.00 0.00 14,531.09 514,832.00 5,255,640.00 Employee Benefits 1,140,723.00 75,814.30 0.00 0.00 0.00 0.00 0.00 0.00 2,581.64 78,395.94 1,062,327.06 Total Personnel Services 6,911,195.00 576,115.21 0.00 0.00 0.00 0.00 0.00 0.00 17,112.73 593,227.94 6,317,967.06 Materials & Supplies 966,694.00 157,769.83 0.00 0.00 0.00 0.00 0.00 0.00 0.00 157,769.83 808,924.17 Services & Charges 1,777,894.00 96,808.89 0.00 0.00 0.00 0.00 0.00 0.00 925.29 97,734.18 1,677,556.29 Maintenance 140,378.00 29,276.34 0.00 0.00 0.00 0.00 0.00 0.00 0.00 29,276.34 111,101.66 Transfers Out 4,310,313.00 0.00 0.00 0.00 0.00 0.00 0.00 191,950.71 0.00 191,950.71 4,118,362.29 Capital Outlay 1,008,857.00 52,814.35 0.00 0.00 0.00 0.00 (371.40)0.00 5,198.00 57,640.95 883,825.86 Total Expenditures 15,115,331.00 912,784.62 0.00 0.00 0.00 0.00 (371.40)191,950.71 23,236.02 1,127,599.95 13,917,737.33 Change in Net Assets (491,341.00)(291,289.55)871.81 (800.36)(425.24)(326.74)133.34 0.00 (8,091.79)(299,928.53)(121,418.75) Library Fayetteville Public Library Summarized Budget to Actual As of January 31, 2026 Filter tab and prompt selections: As of date: 01/31/2026 ; Department: All; Include subdimensions: Off; Hide inactives: Off ; Fund: Library; Include subdimensions: Off; Hide inactives: Off ; Client or Donor: All; Include subdimensions: Off ; Client or Donor type: All; Include subdimensions: Off ; Vendor: All; Include subdimensions: Off ; Vendor type: All; Include subdimensions: Off ; Employee: All; Include subdimensions: Off ; Employee type: All; Include subdimensions: Off ; Item: All ; Product line: All; Include subdimensions: Off ; Restriction: All; Include subdimensions: Off ; Project: All; Include subdimensions: Off ; Project type: All; Include subdimensions: Off ; Created on 02/09/2026, 11:21 AM CDT Page 1 14 Preliminary: Subject to Audit 10--Library Operations 15--Expansion - Operations 20--Long Term - Reserve 30--Facility Reserve 40--Furniture & Equipment Reserve 50--Technology Equipment Reserve 60--Capital Construction Fund 70--Bond Debt Service Fund 80--Food Services 85--Events All Funds Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 Assets Cash & Investments 1000 - Undeposited Funds 75 0 0 0 0 0 0 0 0 0 75 1003 - Petty Cash 2,851 0 0 0 0 0 0 0 0 0 2,851 1009 - Bank of Fayetteville - FPL 62,945 0 0 0 0 0 0 0 0 (274)62,671 1020 - Arvest - Library Operations 727,115 0 0 0 0 0 0 0 0 0 727,114 1025 - Arvest - Events 0 0 0 0 0 0 0 0 0 203,211 203,212 1030 - First Security - FPL 183,797 0 0 0 0 0 0 0 0 0 183,797 1100 - Schwab FPL - Operating 2,035,313 0 0 0 0 0 0 0 0 0 2,035,313 1105 - Schwab FPL - Expansion O&M 0 676,129 0 0 0 0 0 0 0 0 676,129 1110 - Schwab FPL - Long Term 0 0 1,848,961 0 0 0 0 0 0 0 1,848,961 1115 - Schwab FPL - Facilities Replace- ment 0 0 0 869,304 0 0 0 0 0 0 869,303 1120 - Schwab FPL - Furniture & Equip.0 0 0 0 437,314 0 0 0 0 0 437,314 1125 - Schwab FPL - Technology 0 0 0 0 0 655,573 0 0 0 0 655,573 1130 - Schwab FPL - Expansion Capital 0 0 0 0 0 0 4 0 0 0 4 Total Cash & Investment 3,012,096 676,129 1,848,961 869,304 437,314 655,573 4 0 0 202,937 7,702,317 Receivables 1200 - Claims Pending 50 0 0 0 0 0 0 0 0 0 50 1240 - Accounts Receivable 6,986 0 0 0 0 0 0 0 0 87,415 94,401 1243 - Grants Receivable 16,684 0 0 0 0 0 0 0 0 0 16,684 1265 - Sales Tax Rebate Receivable 36 0 0 0 0 574 0 0 0 0 610 1270 - Due From Other Funds 280,154 0 76,240 29 0 123,954 0 0 0 48 480,427 1271 - Due From Other Governments (Property Tax & Debt Service) 6,609,528 0 0 0 0 0 0 3,172,574 0 0 9,782,101 1275 - 10 Due From 91 349,202 0 0 0 0 0 0 0 0 0 349,202 1279 - 10 Due From 80 602,467 0 0 0 0 0 0 0 0 0 602,468 1280 - 80 Due From 10 0 0 0 0 0 0 0 0 348,004 0 348,004 1281 - 10 Due From 85 511,504 0 0 0 0 0 0 0 0 0 511,504 1282 - 85 Due From 10 0 0 0 0 0 0 0 0 0 633,123 633,122 1285 - 80 Due From 85 0 0 0 0 0 0 0 0 2,361 0 2,361 1286 - 85 Due From 80 0 0 0 0 0 0 0 0 0 8,920 8,920 1400 - Interfund (1,232,239) 3,899,883 (1,115,400)3,788 43,381 365,371 (192,504) (1,772,280)0 0 0 Total Receivables 7,144,372 3,899,883 (1,039,160)3,817 43,381 489,899 (192,504)1,400,294 350,365 729,506 12,829,854 Prepaid Expenses 1500 - Prepaid Expenses 118,085 0 0 0 0 0 0 0 0 0 118,085 Prepaid Expenses 118,085 0 0 0 0 0 0 0 0 0 118,085 Fixed Assets Depreciable Assets 1801 - Building 22,132,023 0 0 0 0 0 0 0 0 0 22,132,023 1802 - Vehicles 91,190 0 0 0 0 0 0 0 0 0 91,189 1805 - Software 174,237 0 0 0 0 0 0 0 0 0 174,238 1811 - Books & Publications 2,620,698 0 0 0 0 0 0 0 0 0 2,620,698 1813 - Equipment 3,697,952 0 0 0 0 0 0 0 0 0 3,697,952 1815 - Furniture & Fixtures 263,427 0 0 0 0 0 0 0 0 60,680 324,108 1999 - Accumulated Depreciation (11,940,028)0 0 0 0 0 0 0 0 (20,949) (11,960,978) Total Depreciable Assets 17,039,499 0 0 0 0 0 0 0 0 39,731 17,079,230 Non Depreciable Assets 1,605,676 0 0 0 0 0 0 0 0 0 1,605,676 Total Fixed Assets, Net 18,645,175 0 0 0 0 0 0 0 0 39,731 18,684,906 Library Balance Sheet Fayetteville Public Library Created on 02/09/2026, 11:19 AM CDT Page 1 15 Preliminary: Subject to Audit 10--Library Operations 15--Expansion - Operations 20--Long Term - Reserve 30--Facility Reserve 40--Furniture & Equipment Reserve 50--Technology Equipment Reserve 60--Capital Construction Fund 70--Bond Debt Service Fund 80--Food Services 85--Events All Funds Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 Total Assets $ 28,919,728 $ 4,576,012 $ 809,801 $ 873,121 $ 480,695 $ 1,145,472 $ (192,500)$ 1,400,294 $ 350,365 $ 972,174 $ 39,335,162 Liabilities and Fund Balances Liabilities Accounts Payable 2001 - Accounts Payable 94,335 0 0 0 0 0 0 0 0 0 94,335 2004 - Friends of FPL Pass through 2,189 0 0 0 0 0 0 0 0 0 2,189 2005 - FDN Designated Pass Through to FPL (100,438)0 0 0 0 0 0 0 0 0 (100,438) 2007 - FPL CentreSuite (2,440)0 0 0 0 0 0 0 0 0 (2,440) 2099 - AR State Library Scholarship Pass Through 793 0 0 0 0 0 0 0 0 0 793 2415 - Security Deposits 5,925 0 0 0 0 0 0 0 0 24,000 29,925 2414 - Convenience Fee 37 0 0 0 0 0 0 0 0 0 37 2020 - Accrued Accounts Payable 406 0 0 0 0 0 0 0 0 0 406 Total Accounts Payable 807 0 0 0 0 0 0 0 0 24,000 24,807 Salaries & Benefits Payable 2125 - Accrued Salaries & Wages 113,833 0 0 0 0 0 0 0 0 3,277 117,111 2130 - Voluntary Vision Insurance 985 0 0 0 0 0 0 0 0 0 985 2140 - Voluntary Life, STD & AD&D 1,919 0 0 0 0 0 0 0 0 0 1,919 2145 - Accrued Vacation 292,618 0 0 0 0 0 0 0 0 3,486 296,103 2147 - Voluntary Supp Ins - Cancer 55 0 0 0 0 0 0 0 0 0 56 2148 - Voluntary Supp Ins - AC, CR, HI 261 0 0 0 0 0 0 0 0 0 260 2149 - Voluntary Supp Ins - Will 83 0 0 0 0 0 0 0 0 0 84 2150 - Retirement Contributions 909 0 0 0 0 0 0 0 0 0 908 2155 - Voluntary Dental Insurance 2,294 0 0 0 0 0 0 0 0 0 2,294 2160 - Accrued Sick Time 150,979 0 0 0 0 0 0 0 0 1,538 152,516 2165 - FICA Payable 0 0 0 0 0 0 0 0 0 0 0 2175 - Health Insurance Liability 12,413 0 0 0 0 0 0 0 0 0 12,414 2184 - FSA - Limited 25 0 0 0 0 0 0 0 0 0 25 2196 - Caring Committee 117 0 0 0 0 0 0 0 0 0 117 2197 - Healthy Habits 3,176 0 0 0 0 0 0 0 0 0 3,176 2198 - Annual Fund Liability 30 0 0 0 0 0 0 0 0 0 30 Total Salaries & Benefits Payable 579,697 0 0 0 0 0 0 0 0 8,301 587,998 Other Payables 2057 - Sales Tax 13 0 0 0 0 0 0 0 0 29 42 2025 - Accrued Sales Tax Payable 937 0 0 0 0 0 0 0 0 0 937 2061 - Short Term Tax 0 0 0 0 0 0 0 0 0 3 3 Total Other Payables 950 0 0 0 0 0 0 0 0 32 982 Deferred Revenue 2410 - Deferred Revenue 475,013 0 0 0 0 0 0 0 0 0 475,013 Total Deferred Revenue 475,013 0 0 0 0 0 0 0 0 0 475,013 Library Balance Sheet Fayetteville Public Library Created on 02/09/2026, 11:19 AM CDT Page 2 16 Preliminary: Subject to Audit 10--Library Operations 15--Expansion - Operations 20--Long Term - Reserve 30--Facility Reserve 40--Furniture & Equipment Reserve 50--Technology Equipment Reserve 60--Capital Construction Fund 70--Bond Debt Service Fund 80--Food Services 85--Events All Funds Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 01/31/2026 Due to Other Funds Due to Library 0 0 0 0 0 0 0 0 602,468 511,504 1,113,972 Due to Others 198,642 0 0 71,657 0 129,339 77,580 0 3,160 0 480,377 Due to Food Services 348,004 0 0 0 0 0 0 0 0 2,361 350,365 Internal Due To 633,122 0 0 0 0 0 0 0 8,920 0 642,042 Total Due to Other Funds 1,179,768 0 0 71,657 0 129,339 77,580 0 614,548 513,865 2,586,756 Total Liabilities 2,236,235 0 0 71,657 0 129,339 77,580 0 614,548 546,198 3,675,556 Fund Balance 26,683,493 4,576,012 809,801 801,464 480,695 1,016,133 (270,080)1,400,294 (264,183)425,976 35,659,606 Total Liabilities and Fund Balances $ 28,919,728 $ 4,576,012 $ 809,801 $ 873,121 $ 480,695 $ 1,145,472 $ (192,500)$ 1,400,294 $ 350,365 $ 972,174 $ 39,335,162 Library Balance Sheet Fayetteville Public Library Created on 02/09/2026, 11:19 AM CDT Page 3 17 Fayetteville Public Library Staff Parking Permit Guidelines Effective February 1, 2026 PURPOSE The purpose of the Staff Parking Permit Guidelines is not to limit staff in any way, but to support staff safety and help ensure that employees have a reliable place to park when they come to work. These guidelines are intended to protect staff access to parking during work hours, reduce long - term non-library use of library parking spaces, and create a safer, more predictable parking experience for everyone. WORK-IN-PROGRESS These guidelines are a work in progress and part of a broader, evolving approach to addressing parking challenges around the library. Staff feedback is welcome, and adjustments may be made as we learn what works best. WHO NEEDS A PERMIT All FPL staff who park in library-designated staff parking areas, including: • Parking Deck • South Lot A valid staff parking permit is required for vehicles parked in designated staff parking areas during library operating hours. Active enforcement occurs during posted hours, as indicated by on-site signage. PARKING PERMIT OPTIONS & DISPLAY GUIDELINES Staff may choose one of the following permit options: • Hanging Permit – Hung from the rearview mirror and clearly visible from outside the vehicle • Window Cling – Recommended placement: rear window • Bumper Sticker To assist Facilities during routine checks, staff are encouraged to park in a way that makes their permit most visible: • If using a hanging permit, backing into the parking space may improve visibility 18 • If using a window cling or bumper sticker, pulling forward into spaces may improve visibility These suggestions are intended to improve visibility and assist Facilities. Occasional variations in how a vehicle is parked—due to space availability, accessibility needs, unloading materials, or other reasonable circumstances—are expected and acceptable. LICENSE PLATE REGISTRATION (REQUIRED) When picking up a parking permit, staff must provide license plate information for the vehicle(s) they plan to use. Staff may register more than one vehicle if needed, and license plate information must be provided for each vehicle. Please notify Human Resources if your vehicle or license plate information changes. Email notification is sufficient, including during evenings or weekends , and updates will be handled during regular business hours. This process is intended to keep records accurate and is not designed for immediate enforcement action. ENFORCEMENT, SIGNAGE & PURPOSE Parking enforcement begins February 1, 2026. Updated signage will indicate either "Staff Parking Only" or "Library Parking Only," as appropriate, with posted library and staff usage hours. Signage will vary by location to reflect the intended use of each parking area. ENFORCEMENT FOCUS This process is designed to support staff, not penalize them . Enforcement efforts are primarily focused on vehicles that use library parking spaces for extended, non-library purposes, rather than on staff or patrons using the library appropriately. This is different from patrons who park in the South Lot to access the Greenway or other short - term, appropriate uses of library parking. The goal is to recognize the many legitimate reasons people use library parking while maximizing availability for library patrons and staff , particularly during busy hours. Staff are not the focus of enforcement and should not experience this process as punitive. STAFF PARKING LOCATIONS To help maximize parking availability for patrons, staff are asked to park in designated staff spaces on the bottom level of the parking garage or in the south parking lot during their shift. 19 During large events or particularly busy times, staff may choose to consider nearby street parking only if they feel it is safe and reasonable to do so . Staff should never feel obligated to park in a location that feels unsafe, inconvenient, or unsuitable for their individual circumstances. Staff safety and accessibility are always the priority , and these guidelines are intended to support—not override—those considerations. Staff are never expected to park in areas that compromise their personal safety or accessibility needs. IMPLEMENTATION PERIOD During the first 30 days, the focus will be on education, communication, and reminders as everyone becomes familiar with the process. Vehicles parked without a valid, visible permit after the implementation period may be subject to enforcement actions, including towing, particularly in staff -designated areas. This will be for non-staff parked in Staff designated parking. If a staff member forgets a permit or experiences an issue displaying it, they should contact HR. Staff may register more than one vehicle if needed. License plate information must be provided for each vehicle to ensure accurate records. IMPORTANT NOTES • Staff parking permits are not transferable to family members or non-library vehicles • Permits are issued to active FPL employees only • Permits may change annually (including color or format) to support enforcement • Permits must be returned or deactivated upon separation from employment STAFF PARKING FAQ & TALKING POINTS • Staff will receive a Parking FAQ and set of talking points designed to help answer common patron questions when parking is limited, the library is extremely busy, or large events are taking place. • This resource is intended to provide clear, consistent, and supportive language so staff are not put in the position of explaining policies, enforcing parking rules, or resolving parking disputes. • The FAQ is a communication tool only and is meant to support welcoming, respectful interactions during high-traffic periods. QUESTIONS OR UPDATES 20 For questions, permit pickup, or vehicle updates, staff may contact Human Resources: • Patty Burchett – pburchett@faylib.org • Shelton Brister – sbrister@faylib.org Thank you for your patience, feedback, and partnership as we continue to refine this process together. Version 1.1 – January 2026 Why This Exists Parking around the library can be challenging during busy days and large events. These guidelines are intended to protect staff access to parking, support safety, and help ensure the library can operate smoothly—while continuing to welcome patrons, programs, and community gatherings. This permit system is one part of a broader, shared effort to balance access, fairness, and safety. 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35