WCPL 2024 Annual Report | Page 4

FINANCIAL OVERVIEW

OPERATING REVENUE 2024
Public Library Fund
$ 1,253,536
Library Levy
$ 1,280,328
Intergovernmental Incl Homestead
$ 83,884
Misc.( Donations, Fees, etc.)
$ 138,815
Total:
$ 2,756,563
OPERATING EXPENDITURES 2024
Personnel
$ 1,805,516
Supplies
$ 117,751
Contracted Services
$ 116,778
Materials
$ 196,453
Capital Improvements
$ 121,186
Misc.
$ 300,034
Total:
$ 2,657,718
In 2024, the Williams County Public Library maintained a sound financial position, ending the year with total operating revenue of $ 2,756,563 and total expenditures of $ 2,657,718. This resulted in a net positive balance of $ 98,845, or a 3.7 % margin, reflecting responsible financial stewardship and strong public support.
The majority of WCPL’ s revenue came from public funding sources. The Public Library Fund( PLF) provided $ 1,253,536, while the library’ s two local property tax levies contributed an additional $ 1,280,328. The library also received $ 83,884 in intergovernmental reimbursements, including homestead and rollback credits. Other revenue sources, such as donations, fines, and fees, added $ 138,815, helping to diversify income and support special programs.
On the expenditure side, personnel remained the largest category, totaling $ 1,805,516, reflecting the library’ s investment in staffing across its six branches. Other key expenses included $ 196,453 for new materials, $ 121,186 in capital improvements, and $ 300,034 in various operational expenses. Contracted services and supplies added up to $ 234,529, ensuring library facilities, technology, and day-to-day operations were well supported.
Across Ohio, 2024 brought a decline in PLF distributions, driven by changes in the state’ s tax revenue and budget formula. Many libraries experienced funding reductions, and WCPL felt this impact as well. However, thanks to stable local levy income, the library was able to maintain services, continue facility improvements, and plan for long-term growth without sacrificing patron access. With the trust and investment of our patrons and communities, WCPL remains committed to transparency, accountability, and delivering services that meet evolving local needs.