Here’s how the Niles Library manages your tax dollars: The current Budget is about $8, 492, 000 (an increased from last year) The Library now wants to transfer $5, 200, 000 of that budget into Special Reserve, leaving $2, 800, 000 for operating expenses. Note: Money in the Special Reserve can ONLY be used for Capital Expenses. Also, it cannot be transferred back into the General Fund. Therefore, if more money is needed for operating expensed the library will again call for another tax levy increase even if they have millions in Special Reserve. Does this make sense to you? Board Meeting is tonight at the Library at 7:00pm