Library Management 101: A Practical Guide by Unknown

Author:Unknown
Language: eng
Format: epub
Tags: LAN025010 Language Arts & Disciplines / Library & Information Science / Administration & Management
Publisher: American Library Association

CONCLUSION

Finances in libraries are complicated but can be managed by good budgeting and by keeping on top of the monthly actual numbers. The only way to easily deal with finance is to know how much is being spent each month compared to the budget. Having a reserve in place in case there is a catastrophe that was not budgeted for is essential so that the library has the ability to survive either a natural disaster or a computer disaster like a server dying unexpectedly. The dean or director of the library needs to be up to date on the library finances and understand all the revenues and expenses that are committed for the library so there are no surprises.

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