Finance

Library Board, Governance and Working with the Director

 

Essential Standards

5. The Board understands the revenue sources that fund the library, the budgeting process, and adopts a budget for the library.
 If you have any questions about procedures in your community, talk to your city and/or county clerk.

6. For a library created under Title 7 or Title 22 at least 70% of the revenue is from local tax revenues. Local tax revenues provide at least 50 percent of the support for the library. Grants, donations, and other revenue sources supplement but do not supplant local tax support. If a tribal college library serves tribal members, the Tribal Council recognizes and supports the efforts of the library to obtain funding.

7. The library budget shows year-to-year growth reflecting community needs. The director and library board routinely present the library to the community and local government in a manner to maintain and increase the library's ability to meet their community's needs.

Developing a budget is required to run the library. A budget can also help people understand how much it costs to run a library, as well as informing people about how money is spent at the library.

 

 

Numbers refer to standards in the corresponding section of the Complete Library Standards document