Financials

Aldrich Public Library is committed to transparency in its operations.

Aldrich is fortunate to have an endowment whose earnings help support operating costs. Low tax support in the past has sometimes forced Aldrich to withdraw principal from its investments in order to keep the library's doors open. The following letter presents the anticipated life expectancy of the endowment were that practice to continue against the advice of investment managers. This letter was written in response to questions raised by the Barre Town Budget Committee and supplied to them on February 23, 2016.

2016 Letter to Town Budget Committee

 

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