The MBLC has partnered with the Division of Local Services (DLS) to present Municipal Finance 101: Budgeting & Best Practices for Library Trustees and Library Directors / Library Administration. 

If municipal funds contribute to your library's budget, your library is a municipal department. Do you know how your city or town's budgeting process works? Where does the money that your library gets come from and how are those determinations made? Jessica Ferry, Project Manager with DLS will review the building blocks of municipal finance, including Proposition 2 1/2, budgeting revenues and expenditures, and the importance of financial policies, forecasting, and capital planning. This program will help build your basic knowledge, allowing you to discuss your library's budget with your municipal decision-makers using a common vocabulary. Time for questions will be included and questions are encouraged. 

This program is a basic primer that will most benefit Library Directors and Library Trustees who are actively involved in their library's budgeting process and negotiations with their municipality, though anyone looking to gain more insight into how municipal finance works is welcome. 

This session will be recorded and slides will be shared with all who register, regardless of whether or not they are able to attend live.