Letters and email · June 6, 2005

City Manager asks Friends how to use the library-tax surplus

Asks for an opinion on the reported $3,071 fiscal-2003–04 surplus and a proposal to purchase books. Handwritten query refers to the earlier unmatched-year difference.

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Text

Transcribed from the scans and checked against them by Claude. Typed text comes first; handwritten notes follow it. [illegible] marks words that cannot be read and [?] an uncertain reading.

City of Hermosa Beach Civic Center, 1315 Valley Drive, Hermosa Beach, California 90254-3885 June 6, 2005 Charlotte Malone Naoma Valdes Friends of the Library P.O. Box 515 Hermosa Beach, California 90254 Dear Charlotte and Naoma: I have been informed by the County Librarian that the property tax for Hermosa Beach has generated more funds than used to operate the library. This surplus will most likely grow in future years. The current amount is $3,071 and they have asked to use it to purchase books. This is for 2003-04 fiscal year. I would be interested in the opinion of the Friends of the Library regarding this proposed use of these funds. I would appreciate it if you could let me know so I can prepare a report to the City Council. Sincerely, Stephen R. Burrell City Manager SRB:rem

Handwritten notes

• (beside signature) What about the $57,421.72 ? • (signature) Steve • (below SRB:rem) Clarification
Show the original machine reading

Source scan page 3

City of Hermosa Beach
D
Civic Center, 1315 Valley Drive, Hermosa Beach, California 90254-3885
June 6, 2005
Charlotte Malone
Naoma Valdes
Friends of the Library
P.O. Box 515
Hermosa Beach, California 90254
Dear Charlotte and Naoma:
I have been informed by the County Librarian that the property tax for Hermosa Beach has
generated more funds than used to operate the library. This surplus will most likely grow in
future years. The current amount is $3,071 and they have asked to use it to purchase books.
This is for 2003-04 fiscal year. I would be interested in the opinion of the Friends of the Library
regarding this proposed use of these funds.
I would appreciate it if you could let me know so I can prepare a report to the City Council.
Sincerely, Whet about the $57,42172?
Stophen R. Burrell
City Manager
SRB:rem
Clarification