PPL Operating Summary Report
Fiscal Years 2006, 2005, 2004 (unaudited)

This is the revenue table
REVENUE	2006	2005	2004
Public Funds
City of Providence	$3,000,000	$3,000,000	$3,350,000
State of RI – Grant in Aid	1,322,545	1,382,695	1,392,691
State of RI – Reference Resource Center	924,116	880,110	880,110
Private Funds
Endowment Contribution	2,207,286	2,003,467	2,300,985
Organizational Restructuring (Restricted)	N/A	969,884	N/A
Gifts, Donations, Bequests (Unrestricted)	679,907	628,105	689,386
Programs Grants (Restricted)	647,724	564,206	452,291
CLAN Reimbursement	270,864	280,553	281,801
Fees & Fines	97,524	106,981	122,512
Subtotal Income	$9,149,966	9,816,001	9,469,776

This is the expense table
EXPENSES	2006	2005	2004
Salaries	$5,028,166	$5,546,208	$5,956,794
Benefits	1,021,625	1,316,190	1,159,185
Books & Materials	624,942	690,547	713,757
Library Fund for Programs	647,724	564,206	452,291
Library Supplies	205,857	168,134	182,736
Fundraising	see note*	53,666	57,321
Facility Maintenance	447,139	383,055	205,548
General & Administrative	670,905	531,224	308,642
Utilities	400,711	328,407	318,982
Security Services	120,934	119,751	116,167
Subtotal Expenses	$9,168,003	$9,701,388	$9,471,423
Surplus/(Deficit)	(18,037)	114,613*	(1,647)

*Carried over for ongoing Central Library roof repairs

Note: Effective 2006, fundraising is an expense of the Foundation.