Financial Information

  • Marigold ensures and practices responsible financial management
  • Marigold Board ensures funding to support the services and operation of Marigold Library System. This means that funds are available for the services and programs as outlined in the budget
  • Financial and other policies can be found in the Policy and Planning section of this website

2010 Audited Financial Statements 

Marigold Audit Process:
January 
– Marigold Board-appointed auditor performs a complete financial audit

April
– Auditors present audited financial statement to the Marigold Executive
– Audited financial statement presented and approved at Marigold Board AGM 
– Marigold Board appoints auditor for the next fiscal year

Contact Michelle Toombs if you require further information 1-800-332-1077
2011 Statements become available after Marigold's AGM in April

2012 Budget (approved)
Marigold Budget Process:
– August:  Marigold Board discusses and approves the budget estimate
– September:  Budget estimate sent to municipalities; memo outlines highlights
– November:   Michelle Toombs, CEO, presents an extensive overview of the draft Budget at the Board meeting
– January:  Final budget goes to Marigold Board for approval

The Budget correlates to Marigold’s Strategic Plan, Vision 2015, and reflects increases in areas where Marigold is focusing services and resources. Some examples for 2012 include:

  • two consultation visits minimum for each of our 35 libraries
  • expansion of digital media for library patrons
  • supporting website templates for all member libraries
  • increased hours for technical support
  • communication audit
  • computer software upgrades, and new Fortigate units supplied to member libraries
  • a 3% Cost of Living Allowance for employees
Population Served
2012 population for Marigold Library System

Schedule C
Contains information about contributions to Marigold by:

  • counties, municipal districts, special areas, improvement districts or any other municipality without a library board
  • municipalities having municipal library boards
  • municipal library boards

Current Schedule C 2012 - 2014
Fact Sheet regarding Schedule C

Legal Information
Marigold Agreement:  an Agreement by and between the parties comprising Marigold Library System. (Schedule C is attached to and part of the Agreement by and between the Parties comprising the Marigold Library System)