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NYC-WTC_000195490

Label derived from the City's folder field. The City does not supply document titles.NYC-WTC_000195490–000195738
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NYC 9/11 Public Portal Document

LIBRARIES The City of New York funds three independently operated public library systems, each administered by a distinct and separate board of trustees. The New York Public Library manages a three-borough library system: the Bronx with 34 branches, Manhattan with 39 branches and Staten Island with 12 branches. In addition, the New York Public Library pversees four Research Libraries: the Humanities and Social Sciences Library at 42nd Street and 5th Avenue (formerly the Central Research Library), the Library for the Performing Arts at Lincoln Center, the Schomburg Center for Research in Black Culture, and the Science, Industry, and Business Library. The Brooklyn Public Library oversees the operation of 58 branches, a Business Library and a Central Library and the Queens Borough Public Library encompasses 62 branches and a Central Library.

Financial Review /

I The 2002 Executive Budget for Libraries provides total operating funds, including energy costs, of $ 198.7 /tnillion, a decrease of $46.3 million in City funds from the 2001 forecast. The Executive Budget also provides for City funded capital commitments of $71.7 million in 2002

Expense Budget Highlights

Budgetary Priorities; Prdviding Core Services

t In 2002, there will be an operating subsidy of $76.3 million to New York Public Library, $13.0 million to New York Research Libraries, $55.9 million to Brooklyn Public Library and $53.5 million to Queens Borough 8! Public Library. In 2001 there has been record attendance levels at all three systems.

StreamUning and Public/Private Competition^

• the Executive Budget contains subsidy reductions for Libraries in the amount of $43.7 million from the 2001 Adopted Budget - $16.7 million for New York Public Library; $2.7 million for New York Research Library; $12.7 million for Brooklyn Public Library; $11.7 million for Queens Borough Public Library.

rs • through a Private Partnership Incentive program, $5 million will be restored if the Libraries raise $5 million in new private contributions. This partnership will lessen the overall impact of the reduction by $ 10 million and strengthen the Libraries by making them more independent.

/i , / B I

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NYC-WTC_000195714

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NYC-WTC_000195714Source: NYC Law Department, mirrored locally

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