Information summarized from the Town of Madrid 2024 adopted budget.

Library Fund

Revenue

Raised by Taxes
Interest
Gifts and Donations
Library Grant
Misc Revenue

Total Revenue

$73,368.00
$ 10.00
$ 1,000.00
$ 1,000.00
$ 250.00

$77,628.00

Expenses

Personnel
Equipment
Contractual Expense

Social Security

Debt Service -Principle
Debit Service-Interest

Total Expenses

$40,063.00
$ 2,000.00
$25,000.00

$ 3,065.00

$ 7,000.00
$ 500.00

$ 77,628.00