Library General Fund Balance

14 Feb
2023
14 Feb
'23
9:24 a.m.
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 -- This message has been scanned by E.F.A. Project and is believed to be clean.
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Jack Buck