Fiscal Responsibility
Read through this section to learn about budgets and finance.
The Trustee Essentials: Understanding Local Government Budgeting and Finance course covers this information in greater detail. Please consider taking that course to learn more.
Fiscal Powers and Duties
Stewardship of public funds is a huge area of responsibility for all library boards.
Free Public Libraries
22-1-309. Trustees -- powers and duties. The library board of trustees shall have exclusive control of the expenditure of the public library fund, of construction or lease of library buildings, and of the operation and care of the library.
District Libraries
22-1-707. Duties and powers of board of trustees. (1) The board of trustees of a public library district shall:
(b) prepare annual budgets as required by the county governing body or bodies;
(c) pay necessary expenses of district staff members when on business of the district