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  1. The 2024 Net Operating Budget for Toronto Public Library of $230.473 million is $20.467 million or 9.7% greater than the 2023 Net Budget when reversing 2023 pandemic costs and revenue loss and applying a zero-base budget approach to all prior year COVID-19 related financial impacts.

  2. Heading into 2024 with: A 2023 operating deficit of $6.5 million, mostly structural. A significant state of good repair backlog, expected to grow to $214 million by the end of 2033 (10% of asset value) Reduction in development charges funding would result in higher SOGR backlog and negatively affect services.

  3. Feb 15, 2024 · Toronto Public Library (TPL) is pleased to announce the adoption of its 2024 budget by City Council, marking a significant step forward in broadening access to library services. One of the key highlights of TPL’s 2024 budget is the enhanced funding for increased open hours and additional youth hubs across the city.

  4. Sep 18, 2023 · Monitoring Report as of June 30, 2023, Toronto Public Library (TPL) is projecting a net over-spending of approximately $6.5 million by year-end. This over-spending reflects a structural deficit in the operating budget, which will need to be addressed in the 2024 operating budget submission.

  5. Dec 4, 2023 · 2024 Interim Budget Estimates December 4, 2023 Page 2 of 3 RECOMMENDATIONS The City Librarian recommends that the Toronto Public Library Board: 1. adopts the 2024 interim operating budget of $70.383 million gross ($64.068 million net), subject to Council approval; and 2. adopts the 2024 interim capital budget of $20.206 million gross ($13.943

  6. Annual reports of library expenditures and revenues. 2023 Gross Expenditure Budget; Salaries and Benefits: $168,999,071: 72.0%: Library Materials

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  8. Dec 14, 2023 · Government of Ontario announces increase to funding for First Nations Public Libraries. October 2, 2024. The Government of Ontario today announced an increase of $1.25 million annually in funding to First Nations public libraries.

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