[Michlib-l] Fund Balance Question

Dear Colleagues, What is your understanding and experience when comes to recommending a fund balance or savings for your library's budget? What would be considered too much or too little? What do you, as an administrator base it on? Thanks for your time and wisdom! Sincerely, Jaema Berman -- Jaema Berman Director Addison Twp. Public Library 1400 Rochester Rd. Leonard, MI 48367 Phone: 248-628-7180 Fax: 248-628-6109 http://www.addisontwp.michlibrary.org “Today a reader, tomorrow a leader.” Margaret Fuller 1810-1850 Some books are to be tasted, others to be swallowed, and some few to be chewed and digested. ~ Francis Bacon