2025 Annual Financial Statement
Statement of Receipts, Disbursements and Changes in Fund Balances — Cash Basis
Governmental Funds
For the Year Ended December 31, 2025
Medina County District Library, Medina County
– UNAUDITED –
The table lists receipts, disbursements, other financing sources and uses, and changes in fund balances for the General Fund, Debt Service Fund, Building/Repair Fund, Other Governmental Funds, and the total of all Governmental Funds. Amounts are presented in US dollars.
| Category | General Fund | Debt Service Fund | Building/Repair Fund | Other Governmental Funds | Total Governmental Funds |
|---|---|---|---|---|---|
| Receipts | |||||
| Property and Other Local Taxes | $ 6,605,285 | – | – | – | $ 6,605,285 |
| Public Library Fund | $ 4,608,010 | – | – | – | $ 4,608,010 |
| Intergovernmental | $ 631,090 | – | – | – | $ 631,090 |
| Grants | $ 1,000 | – | – | – | $ 1,000 |
| Patron Fines and Fees | $ 282,241 | – | – | – | $ 282,241 |
| Contributions, Gifts and Donations | $ 65,799 | – | – | – | $ 65,799 |
| Earnings on Investments | $ 637,371 | – | $ 80,901 | $ 32,138 | $ 750,410 |
| Miscellaneous | $ 120,418 | – | – | $ 33,107 | $ 153,525 |
| Total Receipts | $ 12,951,214 | – | $ 80,901 | $ 65,245 | $ 13,097,360 |
| Disbursements | |||||
| Current: Library Services — Public Services and Programs | $ 4,487,354 | – | – | $ 345,432 | $ 4,832,786 |
| Current: Library Services — Collection Development and Processing | $ 2,765,466 | – | – | – | $ 2,765,466 |
| Current: Support Services — Facilities Operation and Maintenance | $ 1,174,160 | – | – | – | $ 1,174,160 |
| Current: Support Services — Information Services | $ 510,860 | – | – | – | $ 510,860 |
| Current: Support Services — Business Administration | $ 2,314,706 | – | $ 28,798 | $ 2,327 | $ 2,345,831 |
| Capital Outlay | $ 154,410 | – | $ 647,630 | $ 25,720 | $ 827,760 |
| Debt Service — Principal Retirement | – | – | – | – | – |
| Debt Service — Interest and Fiscal Charges | – | – | – | – | – |
| Total Disbursements | $ 11,406,956 | – | $ 676,428 | $ 373,479 | $ 12,456,863 |
| Excess of Receipts Over (Under) Disbursements | |||||
| Excess of Receipts Over (Under) Disbursements — Totals | $ 1,544,258 | – | ($ 595,527) | ($ 308,234) | $ 640,497 |
| Other Financing Sources (Uses) | |||||
| Transfers In | $ 143,000 | – | $ 1,700,000 | $ 300,000 | $ 2,143,000 |
| Transfers Out | ($ 2,000,000) | ($ 142,294) | – | ($ 706) | ($ 2,143,000) |
| Total Other Financing Sources (Uses) | ($ 1,857,000) | ($ 142,294) | $ 1,700,000 | $ 299,294 | – |
| Net Change in Fund Balances | |||||
| Net Change in Fund Balances — Totals | ($ 312,742) | ($ 142,294) | $ 1,104,473 | ($ 8,940) | $ 640,497 |
| Fund Balances | |||||
| Beginning of Year | $ 14,281,594 | $ 142,294 | $ 2,156,674 | $ 544,846 | $ 17,125,408 |