The private-funding thermometer rose by $24,950 in December, bringing the sum for the
year to $175,128 or 128.4% of the goal.
Annual-fund campaign contributions of more than $21K provided the biggest boost. Results also included
$1800 from Tee Time sponsors, $865 in general donations, roughly $650 from the Friends' Book Nook, and approx. $450 from cash receipts (printing, damaged/lost items, room rental, etc.).
Thanks to your generous donations and the tireless efforts of the Friends of EPL all year, results exceeded the target of $136,344. This figure, which is set at the start of the year, is a projection of the gap between what the library will receive from public sources (state and local) and the projected operating budget.
The additional funds help by addressing any increase in the gap due to inflation or higher utilities costs that occur over the year. Secondly, they help with capital expenses (i.e., building, grounds, fixtures, furnishings, equipment and technology), since the
library would not have to draw as much from its capital account to cover those costs.
Check back next month for January results, this year's
private-funding target, and a funding outlook for 2025. In the meantime, you can support the library by purchasing tickets for Tee Time, making a one-time or recurring donation, or joining the Friends of EPL. Thank you for
your support!
