Glen Holt, Leslie Holt

Crash Course in Library Budgeting and Finance

• Broschiertes Buch

Produktbeschreibung

Concise, informative, and well-indexed, this book helps readers get the "big picture" as well as the considerable number of details involved in managing the finances for a library. For all libraries, money is critical to decision-making about technology, staffing, and collections. As a result, informed budgeting is critically important for any library to succeed. This book explains library finance in a practical, engaging way, using examples of real situations in different types of libraries to teach key points. Written by authors with years of experience in budgeting and financial planning within a variety of library settings and in teaching library management or fundraising at the university level, Crash Course in Library Budgeting and Finance makes it painless to learn how to properly manage money in any library environment. The book addresses the entire process of financial planning, from a general, conceptual overview of library budgeting to the details of generating and spending income, and describes best practices for implementing financial controls. Subjects covered include building construction and capital projects, fund raising, capital campaigns, moving to fee-based services, extending and developing earned income, financial best practices, and assessment and evaluation. The authors also make recommendations regarding when and how to share relevant financial information throughout the organization and with constituents throughout the book.

Produktdetails

• Verlag: Bloomsbury 3PL
• Seitenzahl: 218
• Erscheinungstermin: 31. August 2016
• Englisch
• Abmessung: 280mm x 216mm x 12mm
• Gewicht: 562g
• ISBN-13: 9781440834745
• ISBN-10: 1440834741
• Artikelnr.: 42090509

Autorenporträt

Glen E. Holt, PhD, consults as a policymaking and planning consultant for historical societies, foundations, libraries, museums, and private-sector companies. Leslie Edmonds Holt, PhD, is president and CEO of Holt Consulting.

Inhaltsangabe

Illustrations Section I: Introduction Chapter 1-Introduction to Library
Money What Are Your Professional Goals? Adaptation Always Involves
Financial Change-and Money Action Issue Focus Making Money the Library's
Servant Connect Accounting Language to Library Finance and Work Chapter
2-Financial Literacy in the United States American Money Knowledge Limited
Knowledge of Financial Issues Chapter 3-Financial Aliteracy of Librarians
What Librarians Say They Don't Know about Finance Librarian Scholars Agree
with These Self-Perceptions Why Librarians Need to Be Financially Literate
Dearth in Financial Training for Librarians Chapter 4-The National Economy
and Library Continuity Library Development, 1929-1960s Federal Grants for
Libraries New Funding: Gates Foundation Grants and E-Rate Public Library
Inquiry Demand for Evaluation (Measurable Outcomes) Continuity in Library
Finances Section II: Building Financial Infrastructure for Your Library
Chapter 5-Electronic Communications: How Computers Are Changing Library
Finance Paper and Computers Records Management Agile Computing in Library
Finance Chapter 6-Legal Context: Basic Rules You Need to Know Federal
Income Tax Status IRS 501 (C)(3) Internal Revenue Service Classification
IRS 509 Classification Form 990A Government Accounting Standards Board
Financial Accounting Standards Board Accountability Chapter 7-Professional
Advice Accountant Legal Counsel Auditor Insurance Agent
Fundraising/Communications Consultant Investments/Income Management Real
Estate Agent Construction Establish an Appropriate Banking Relationship
Section III: Strategic Financial Planning Chapter 8-Annual Report as a
Starting Point Where to Begin Financial Planning? Elements of the Good
Annual Report Chapter 9-Purpose Documents as a Starting Point for Financial
Planning Vision Statement Mission Statements and Taglines Section IV:
Budget Basics Chapter 10-Budget Planning Types of Budgets Chapter 11-Basic
Library Budget Language What's Different about Library Budgets Double-Entry
Bookkeeping-Chart of Accounts Budget Categories Budget Is an Authorization
Document Budget Examples Capital Improvement Budget Debt Service Fund
Financial Terms Section V: Income Chapter 12-Shifts in Library Service
Demands and Income What Americans Want from Libraries Public Funding Has
Not Kept Up with Library Service Possibilities Chapter 13-Primary Sources
of Income Chapter 14-Ways to Increase Funding Budget Adjustments Gaining or
Protecting the Library's Tax-Exempt Status Increase Revenue by Passing a
Referendum Legislative Action/Government Grants Foundation Grants Chapter
15-Fundraising Why People Give Fundraising Tips An Example of a Donor
Request Chapter 16-Other Sources of Donations Partnerships with Other
Agencies Planned Giving Endowments Chapter 17-Earned Income Charging for
Library Service Earned Income-Examples Earned Income Issues Section VI:
Spending and Expenses Chapter 18-Dispelling Financial Mythologies
Commonplace Financial Mythologies Other Examples of Financial Mythbusting
The Bottom Line Chapter 19-Purchasing: Your Part in Spending Library Funds
Purchasing Controls Insurance Liability, Directors, and Officers Insurance
Practical Application of Spending Policies Summing Up Your
Responsibilities: Help Legitimate Library Expenditures Chapter 20-Staff
Costs All Libraries Are Staff Intensive Library Staffing Is Changing
Dramatically and Will Require More Sophisticated Accounting to Control
Costs Wages and Benefits Types of Compensation Items in Library Payroll
Records 1099 Information Return Requirements The Importance of Payroll
Records Payroll Audit of a Public Library Library Labor Unions School
Librarians and Media Specialists: Special Financial Problems Budget Tools
for Controlling Staff Costs Training Costs Staffing Patterns Are Changing
Dramatically Controlling Staff Expenses Chapter 21-Capital Expenses
Financial Management of Library Construction Americans with Disabilities
Act Standards for Accessible Design Green Leadership in Energy or
Environmental Design Certified Libraries Rules for Success in Capital
Improvements and the Construction Zone Chapter 22-Acquisition of Materials
Vendors Library Expenditures by Type Costs Chapter 23-Other Expenses
Special Projects Endowments and Bequests The Mobile Library Fleet Real
Estate Short Term Security Banking/Money Management Building Maintenance
and Cleaning Services Computers and Information Systems Employee Funds
Contract Services Section VII: Assessment and Evaluation Chapter
24-Evaluating the Budget In-House Budget Evaluation The Audit Economic
Measures of Library Success Outcome Measurement Evaluation Implementation
Conclusion Section VIII: Communication about Money Chapter 25-Communicating
Library Financial Principles The Library Is Accountable The Library
Operates Using Professional Accounting Standards The Library Budget Is Not
Mysterious But Public Library Income and Spending Reported at Scheduled
Times Libraries Operate Financially within Public Laws and Policies,
Including the Annual Audit The Library Invests Money within a Public
Investment Policy Conflict of Interest Policy The Library Practices Ethical
Hiring and Promotion Policies within the Context of Affirmative Action Laws
Public Lobbying Is Legal and Appropriate for Library Officials Your Library
Adds Value Use Images to Help Users and Supporters See the Library in New
Ways Use Electronic Communication to Relate to Library Users and Supporters
Glossary Selected Bibliography Index