Public Library Financial Management
Financial management in a public library is an important issue for library administrators, staff and trustees. In order to assist public libraries in dealing with fiscal issues, the Library of Michigan provides a Public Library Financial Management Guide. The guide covers basic accounting, revenues, expenditures, budgeting, financial reporting, audits, and internal controls. It includes sample budgets and policies as well.
In addition to the guide, written by Yeo & Yeo, there is also a series of short webinars on topics that libraries often have questions about. The webinars range from 3 to 7 minutes and give a brief overview of the topic. The webinar links will be coming soon.