To:       North East Borough, North East Township, and Erie County

From:  McCord Memorial Library   32 West Main Street               North East,  PA  16428

Re:       First Quarter Report 2008

            –January, February, March Report -- Information Summary 

McCord Memorial Library is dedicated to serving the North East area by assembling, organizing, preserving, and making accessible books and materials; and evolving technologies to provide stimulation, education and recreation for all citizens” The board of directors and staff are committed to fulfilling that goal.

McCord Memorial Library is able to provide services to the North East community, in part, because of your support.  To provide you with the information you need to be assured that your funds finance a vital community service, we have instituted a policy of forwarding a periodic information summary to the supporting government bodies.  Our hope is that you will find this information useful.

McCord Memorial Library Board of Directors

Dennis Priester, President                             Elsie Holl , Secretary                  Joellen Nelson

Beth Hutchinson, V. President                      Nancy Marshall              Kathy Kuchta       

David Hatfield, Treasurer                    Richard Tefft               Gerald Alonge

Hours of Operation

54 hours per week

            Monday – Thursday    10:00 a.m. to 8:00 p.m.

            Friday and Saturday     10:00 a.m. to 5:00 p.m.

Circulation January - March   2008         ILL*                         Patron Cards

January                                                5,544               2,359                              19

February                                  5,470               2,469                              33

March                                     5,656                2,537                             23

Year to Date                             16,670                 7,365                                   75  Total = 8147                                                                                              

*Routed items to or from McCord

Internet use: 909 people signed up to use computers - first quarter of 2008   YTD – 909

At the January 2008 McCord Memorial Library Association Meeting, the budget for 2008 was approved at a projected $230,007 included:  (Grant - $1,400)

·                     $   45,577      -   collection    

·                        146,400      -   staffing costs

·                            4,800      -   computer related costs

·                          11,000      -   utilities costs

·                            4,300      -   maintenance costs (building, grounds, general equipment)

·                          16,480      -   miscellaneous services (insurance, audit, supplies, postage, access PA)

PROJECTED income / government entities $148,754       RECEIVED: 3-31-08

$   15,000 - Borough tax revenue (set at 1.4 mil)                 $       238        -     Borough tax revenue

$   26,786 - Township tax revenue (set at 1 mil)                          $    4,384        -    Township tax revenue

$   50,640 - Erie County revenue                                     $  25,320        -    Erie County revenue

$   53,728 - State Aid revenue (tied to local effort)              $  53,961       -     State Aid revenue

$     2,800 - Work Study & Access PA                                        $    1,327       -     Wk Study/ AccessPA

$148,754  - Government funding                                   $  85,230        -      YTD Governmental Revenue

As of March 31, 2008, the McCord Memorial Library received  57.3 % of expected government funding.