Title
Approval to access $550,000 from the Madison Public Library fund balance for startup collections cost at the Imagination Center at Reindahl Park.
Body
WHEREAS, the Madison Public Library is projected to add $682,300 in unassigned fund balance at the end of 2025; and,
WHEREAS, estimated collection purchases for the Imagination Center at Reindahl Park require an additional $550,000.
NOW, THEREFORE, BE IT RESOLVED, that the Madison Public Library Board authorizes the Madison Public Library to appropriate $550,000 of unassigned fund balance to the Library Collections capital program to complete start-up collection purchases for the Imagination Center at Reindahl Park.