Budget Basics (In a Nutshell)

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Slide 1:

In a Nutshell The Library Budget Part 1: Budget Basics

Slide 2:

“Who determines the library’s budget?”

Slide 3:

Total Income City County State Grants, Memorials, Fees

Slide 4:

Income City $10,000 County $ 5,000 State $ 500 Memorials $ 250 Fines/Fees $ 250 TOTAL INCOME $16,000 Expenditures Salaries $8,000 Benefits $2,000 Materials: Books $2,000 Materials: AV $1,000 Technology $3,000 TOTAL EXPENDITURES $16,000 Allocated by the City: $16,000

Slide 7:

City Library Board Develops & submits budget Approves & Allocates Total/Bottom Line Expenditures Salaries $8,000 Benefits $2,000 Materials: Books $2,000 Materials: AV $1,000 Technology $3,000 TOTAL EXPENDITURES $16,000

Remember: Check your local library ordinance:

Remember: Check your local library ordinance