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Budget & Finance

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Guide to Budget & Finance Resources

The budget is the backbone of library operations. It is what ties together the short-, medium-, and long-range goals, all of which help to fulfill the organization's vision and mission.

Courses: If you're new to the world of finance, check out this trio of courses from LE@D:

Getting started with budgets

Developing the Library Budget: a great introduction to the budget process
Creating a Monthly Budget Using Excel: step-by-step instruction to create an excel spreadsheet
Writing a Technology Budget: Ideas in Action Chart: from MaintainIT
The Costs and Benefits of Technology and Total Cost of Ownership (TCO): MaintainIT defines the terms and key actions

Approaching funding authorities

Budget Presentation Example: how libraries can present their strategic plan and budget details
Budget Presentation Template: use these templates to create a great presentation and advocate for your library

Financial laws and policies

Library Law: Budgeting, Appropriate and Levying: review of the procedures for both local libraries and library districts in Illinois
Get guidance from these financial policies for libraries in Georgia:

Other budget topics

Vendor Selection and Management: tips from MaintainIT
Review of other states: review of the main funding source of libraries in 50 states

Visit the Documents and Discussions tabs for the full selection of resources on this topic.