A Plan for the Special Reserve Fund
Fountaindale Public Library District
2022-2028
The following represents our next six year plan for the accumulation and use of funds in the Special Reserve Fund for the Fountaindale Public Library District:
The Special Reserve Fund may fund capital improvement projects for the library building.
The Special Reserve Fund may fund the Capital Assets Replacement Plan.
The Special Reserve Fund may fund the purchase of new and/or replacement technology for the library, including upgrades and enhancements to the network, software purchases, replacement of computers, printers, copiers, and other equipment, and upgrades and/or replacements to the library systems and information software.
The Special Reserve Fund may fund the repair and replacement of major building systems in the library facility, including automation, heating, air conditioning, fire protection, and necessary electrical upgrades.
The Special Reserve Fund may fund capital improvements for the library property as necessary to ensure a safe and attractive, and functional building environment.
The Special Reserve Fund may be used to purchase new vehicles for library service.
The Special Reserve Fund may be used for the acquisition of property for potential development of a branch library and/or equipment and services at locations other than the building.