Your Library and Its Finances

Common Expenditures and Expenses

The topics in this section are some common areas of expenditure. We will use the categories found in the Local Government Budget Act.

They include

  1. salaries and wages
  2. operations and maintenance
  3. capital outlay
  4. debt service
  5. transfers out

Within these larger categories there are nuances. The board and library director will need to work with the county or town clerk to understand specific line items within these categories. This is particularly true of operations and maintenance.