Associate Director Nieman reported August showed unrestricted cash balance just over $13 million. Tax receipts just over $7.1 million, reflecting 64% of the budgeted amount, have been received. Three line items are over budget but are expected to come into line later in the year.
12-195 X. APPROVAL OF DISBURSEMENTS
(Item of action)
Trustee Head, supported by Treasurer Murphy, moved to approve the August disbursements.
Vice President Rosenthal reported the Facilities Committee had met and continues to discuss the downtown library building.
12-198 B. FINANCE COMMITTEE
Treasurer Murphy reported the Finance Committee had met, discussed the downtown library building and the progress of the 2011-2012 audit.
12-199 XII. DIRECTOR’S REPORT
Director Parker acknowledged Terry Soave and the Outreach Department for the WLBPD’s best practices recently highlighted in a National Library Service for the Blind and Physically Handicapped publication.
Director Parker presented an update on the progress of the 2010-2015 Strategic Plan.
President Leary stated that all staff is to be complimented on the progress of the Strategic Plan.
12-200 XIII. NEW BUSINESS
12-201 A. VOTE FOR EXECUTIVE SESSION AT THE OCTOBER 15, 2012 REGULAR MEETING FOR OPINION OF LEGAL COUNSEL & DISCUSSION OF REAL ESTATE
(Item of action)
Roll call vote
Vice President Rosenthal, supported by Trustee Head, moved to hold an Executive Session at the September 24, 2012 regular Board meeting for opinion of legal counsel and discussion of real estate.