Modifies provisions for fiscal years of urban public library districts

HB 3321 modifies budgeting and financial management rules for urban public library districts. It changes the deadline for approving annual budgets (from a fixed June 30 date to one set by the library board) and specifies how different funds must be handled - requiring separate accounts for operating costs, building projects, and state/federal grants. The bill also clarifies that the library treasurer must follow strict procedures for spending, including board authorization and proper fund allocation, and must provide regular financial reports to the board. These changes directly affect the day-to-day financial operations of urban library districts.