NOTICE OF BUDGET COMMITTEE MEETING
A public meeting of the Clackamas County Library Service District Budget Committee to discuss the budget for the fiscal year July 1, 2020 to June 30, 2021 will be held on May 26 beginning at 8:30 a.m. via Zoom conference meeting. The purpose of the meeting is to receive the budget message and to receive comment from the public on the budget. These are public meetings where deliberations of the Budget Committee will take place.
Public comment will be taken during this meeting. Any person may discuss the proposed programs with the Budget Committee. Due to COVID-19 all Budget Committee meetings will be held virtually.
Proposed 2020-21 Budget information may be inspected or obtained on the Clackamas County website and the Clackamas County Library District website at www.clackamas.us/librarydistrict/budget.html on or after May 18, 2020.
For details on the Budget Committee meeting schedule and Proposed 2020-21 Budget, and for information on how to provide public testimony please go to the County website link https://www.clackamas.us/budget.
The Library District was established in 2008 when voters approved a countywide Library District for Clackamas County. The permanent rate approved by voters in November 2008 was 0.3974 dollars per thousand of assessed value. The District functions as a fiscal agent by distributing property tax revenues raised by the District's permanent rate to participating local governments who operate libraries within Clackamas County. These funds are used for the operations and support of one Clackamas County Library branch, Oak Lodge, and 11 city libraries:
- Happy Valley
- Lake Oswego
- Oregon City
- Sandy (including a branch at Hoodland)
- West Linn
Each year by June 30 the Board is required to adopt a budget for the upcoming fiscal year. Fiscal years run from July 1 through the following June 30. This annual budget serves as the foundation for the District's financial planning and control. The budget is prepared by fund in accordance with Oregon Budget Law.
Each year, the District is also required to have an annual independent audit and prepare an Annual Financial Report (AFR). The AFR provides information based upon the revenues and expenditures for government-wide and fiduciary activities in accordance with Government Auditing Standards. For the fiscal year ended June 30, 2018, the auditors at Moss Adams LLP issued an opinion that the District's financial statements, "present fairly, in all material respects, the respective financial position of the governmental activities and the major fund of the District as of June 30, 2018, and the respective changes in financial position and the respective budgetary comparisons for the year then ended in conformity with accounting principles generally accepted in the United States of America."
Audited Financial Statements