Library trust fund ends quarter with $568,176; investment earnings $22,437
September 11, 2026 | Escondido, San Diego County, California
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Leticia presented the fourth-quarter report for the library trust fund, giving a line-by-line summary of recent earnings and donations. She reported dividends of $1,631.22, investment earnings of $22,437.09, library sales of $42 and a general donation of $10,010; after accounting for project funds of $201,307.90 the ending balance available for future projects was $568,176.13.
A trustee asked about the source of the $10,010 donation; Leticia said she believed it was a grant but did not have the grant name on hand. The board did not take formal action on the trust fund report at the meeting but noted the figures and asked staff to continue providing updates in future reports.
A trustee asked about the source of the $10,010 donation; Leticia said she believed it was a grant but did not have the grant name on hand. The board did not take formal action on the trust fund report at the meeting but noted the figures and asked staff to continue providing updates in future reports.
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