Board approves financial report, flags Syndetics cost and authorizes prize funding

At its June 15 meeting the Davis Public Library Board voted to approve the financial report and recorded several line‑item details trustees said merit monitoring for next fiscal year.

The board noted that 14% of the budget remained with about 7.9% of the fiscal year left; the Vanguard savings balance was $27,600. Collection maintenance was over budget because of a price increase for Syndetics Unbound, an information‑service subscription the Board has trialed since January and said it will re‑evaluate. A $411 printer ink purchase will push the office supplies line over budget but trustees approved the expense.

Separately, trustees approved using $175 from library savings for an adult raffle prize (the Friends declined to fund an adult prize), and they recorded a new petty cash practice allowing the director limited monthly petty cash authority while directing Trustee Dean Dorman to draft a formal petty cash policy for the Board to adopt.