The Library Board shall, within 30 days after the expiration of each fiscal year of the city, make a report of the condition of their trust as of the last day of the fiscal year, to the City Council. Such report shall be made in writing and shall be certified to be true by the Secretary or some other responsible officer of the Board. It shall contain an itemized statement of the various sums of money received from all sources; an itemized statement of the objects and purposes for which those sums of money have been expended; a statement of the number of books, periodicals, and other forms of media available for use, and the number and character thereof circulated; a statement of any real and personal property acquired by legacy, purchase, gift or otherwise; a statement of the character of any extensions of library service which have been undertaken; a statement of the financial requirements of the library for the ensuing fiscal year for inclusion in the appropriation of the City Council, and the amount of money, which, in the judgment of the Library Board will be necessary to levy for library purposes in the next annual tax levy ordinance; a statement as to any outstanding liabilities, including those for bonds outstanding or amounts due for judgments, settlements, liability insurance or for amounts due under a certificate of the Board; and any other statistics, information and suggestions that may be of interest to the City Council. If required by statute, a copy of the report shall also be filed at the same time with the proper state authority.
(Ord. 759, passed 5-14-12)