The Budget Process and Funding

Planning for the library’s future growth and viability, which is dependent upon securing a strong financial base for library support, is an extremely important responsibility of library Boards, directors, and staff.  This class session will examine all aspects of the budget process, including a review of funding sources, the annual budget process and ways to find additional sources of income.

Learning Objectives for The Budget Process and Funding:

• To understand where library funding comes from and how it is allocated
• To understand the timeline of the city, county and state budget process
• To understand the roles of the library board, director, city clerk and city council in the city budget process
• To understand the following standards, as listed in In Service To Iowa:
1. Standards 19-21 (p. 10)
2. Standard 23 (p. 12)
3. Standard 29 (p. 13)
4. Standard 31 (p. 14)