Hello -
Is there an average/standard practice for a library's general fund balance? Our board and I are interested in gauging whether
we are spending as much as we should be. There's the potential question from the public of why go for a millage if you have "x" amount saved away.
I asked my library cooperative, and received a handful of responses, varying widely from 15-60%. Given that broad range,
was hoping to narrow it down to have a better idea.
Thanks.
Jack Buck
Richland Community Library