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I’m from a county library. Where do I put income from fines and fees?

April 26, 2017County fees fines I’m income library

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I’m from a county library. Where do I put income from fines and fees?

1 Answer

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This depends on where the money from your fees and fines goes. If the money collected goes to the county and then is put into the library’s budget for operating expenditures then the money would be reported in #5.2. However, if the fees and fines stay at the library and you are able to spend this money as needed then the funds would be reported in #5.11.