annual report 2018
MESSAGE FROM THE BOARD CHAIR AND CHIEF EXECUTIVE OFFICER Fraser Valley Regional Library completed the first year of its strategic plan “Opening Minds. Enabling Dreams.” and has forged a new path for modern libraries. Through the FVRL Playground, we have launched two very successful collections – in-library experiences with virtual reality, and a lending collection of telescopes. VR experiences come in many formats suitable to libraries, including simple VR demos, interactive and creative environments, stories and narratives, problem solving and computational thinking challenges and more. VR at the library enables our customers to experience, prepare for and participate in the coming digital economy through our crucial value of inspiration. VR really is out of this world! In the lending collection, FVRL added 64 telescopes. The response has been simply astonishing with over 1,000 holds. Through telescope lending FVRL hopes to inspire customers with a rewarding introduction to the world of astronomy, stimulate interest in science and foster scientific literacy.
Scott Hargrove, CEO
5,523,675 loans. 1,440,389 holds. 390,750 ebook downloads. 149,063 audiobook downloads. 72,636 magazine downloads. 778,112 people in service area. 356,053 active cardholders. 26,285 new cardholders. 46% active cardholders as percentage
of population served.
8,297 programs offered. 240,892 program attendance.
2018 AT A GLANCE
FINANCIAL STATEMENTS Revenue
2018 Budget
2018 Actual
2017 Actual
25,422,057
25,422,059
24,725,379
Provincial grant
1,462,718
1,451,519
1,462,370
Fees and Fines
552,402
547,924
601,333
Donations
150,000
87,297
127,311
20,000
119,995
59,060
27,607,177
27,628,794
26,975,453
2018 Budget
2018 Actual
2017 Actual
Salary & Benefits
19,127,359
18,154,210
17,775,610
Library Materials
1,128,517
1,069,087
1,034,128
Operating (Schedule)
3,142,116
3,162,204
3,157,882
Library Interlink
115,000
107,478
98,226
3,617,854
3,606,924
6,635,372
–
118,346
–
27,130,846
26,218,249
25,701,218
476,331
1,410,545
1,274,235
Local gov’t members
Interest Totals
Expenses
Amortization Transfer asset to member organization Totals
Annual Surplus (Deficit)
Fraser Valley Regional Library Administrative Centre 34589 Delair Rd, Abbotsford B.C. 604-859-7141