Library Board Meeting ~ June 26, 2014

Oshkosh Public Library Board of Trustees
Agenda – June 26, 2014
Library Lower Level Meeting Room, 106 Washington Avenue

Call to Order 4:00 p.m.

Public Comment

Consent Agenda (Action item)
(All items listed under the consent agenda will be enacted by one motion. There will be no separate discussion of these items unless a request is made prior to the time the Board votes. Items removed from the consent agenda will be considered under New Business)
     1. Minutes of the regular meeting of May 29, 2014
     2. Regular funds vouchers payable totaling $225,827.68
     3. Special funds vouchers payable totaling $7,248.13


New Business
     4. Trust fund reorganization update – Review status of efforts to reorganize the
         control of the library’s trust fund assets, including establishment of policy guidelines for control of those assets. (Exhibit A.) (No action required)
     5. Trust fund asset allocation to five new funds at OACF – Discussion of proposed allocation of existing trust fund assets to establish beginning values for the five new “Trust Funds For Library Excellence.” (Exhibit B.) (Action requested: decide whether to approve Director’s recommended allocation of existing trust fund assets to establish the five new funds at OACF; Finance Committee recommends approval)
     6. Draft trust fund expenditure policy – Discussion of policy to establish general guidelines for accumulation of and appropriation for expenditure of trust fund assets under the control of
the Oshkosh Public Library Board of Trustees. (Exhibit C.) (Action requested: decide whether to approve the policy; Finance Committee recommends approval)


Information – May 2014 (Action not required)
     7. Revenues
     8. Expenditures
     9. Library highlights
   10. Monthly statistics report
   11. Donations report
   12. Personnel changes report
   13. Minutes of the April 14, 2014 meeting of the OPL Board Finance Committee


Library Director’s Report (Action not required)


Trustee Reports and Comments

Adjournment


Next meeting July 31, 2014, 4:00 p.m.