Finances: Overview and Guiding Questions

Understanding the library’s revenue, expenditures, and local government budgeting is an important duty of the library board and director. 

There is an expectation that the director and board will manage public funds wisely and that takes regular and consistent effort to be successful.

It may help to focus your attention on these topic areas and the questions you may have about each:

• Budget Planning
• Review of Financial Reports
• Approval of Budgets
• Revenue Sources
• Expenditures

OPTIONAL: Download and print this Guiding Questions document to help you take notes and reflect on the content from this course.