Our funding

While there is ever-higher demand for local library resources and materials that are accessible to all, technology to meet the needs of today’s workplace, educational programming, and highly trained staff, Wright Library operates today with less annual revenue than it received in 2009. 

In March 2020, Oakwood residents will vote on a 1.5 mill levy, which will provide Wright Library with needed funds to continue offering quality materials, services, staff, and programs.

 

A Long History of Careful Stewardship

Prior to 2008, Wright Library received 80% of its annual revenue from Ohio’s Public Library Fund, with additional local tax support from a 0.94-mill Oakwood property tax levy. Unfortunately, in 2008, Ohio libraries were hit with large decreases in state funding caused by the recession, and Wright Library suffered a significant decline in state revenue that has never been restored. In 2009, Oakwood voters passed a small 0.5-mill levy that helped but did not fully offset the state funding loss. In 2012, voters combined these two small levies, and the combined 1.5 mill levy was renewed in 2017. 

To mitigate the impact of funding loss, the library has implemented cost-saving measures, deferred facility maintenance, reduced staffing, and sought private donations.

Even so, expenditures are expected to exceed revenues in 2020. 

To ensure that Wright Library can continue providing the services, facilities, and materials that the Oakwood community needs, values, and expects, the Library Board of Trustees will place a 1.5 mill levy on the ballot for March 2020.

Return to our 2020 Vision page