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Library professionals spend much of their budgeting time focused inward, allocating scarce resources among worthy competing priorities. Considerable time and skill is focused on the acquisition of the best print and electronic resources and in planning for computing infrastructure. And librarians are generous in sharing with others best practices for making budgetary decisions through articles in the library literature. However, less attention has been given in the literature on advice for those who wish to increase budgets for the services and programmatic offerings that are equally important for library clientele. This article attempts to address that gap. Summarizes the sage advice given in a presentation to a gathering of academic librarians during the June 1999 ALA to those who would better understand the budget process at research universities. Although the advice pertains primarily to budgeting practice in the USA, there are several nuggets of wisdom applicable in any situation.
The Bottom Line: Managing Library Finances – Emerald Publishing
Published: Mar 1, 2000
Keywords: Academic libraries; Communications; Higher education; Budgeting; Financial planning
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