One
of the most important responsibilities of a librarian is
paying attention to financial matters. Understanding the
budget process is an important part of understanding how the
library operates.
Good communication about library funds with both the Library
Committee and the Director, IBA is important. The library is
a basic community and information agency, and its services
are not always well known.
In the first stage of budget planning, the Librarian and
Deputy Librarian with other professional library staff
members meet, discuss and plan for the next year’s library
budget. In the second stage the librarians send the budget
plan to the Library Committee. The Library Committee reviews
the library budget and sends it to the Director, IBA for
approval. In the third and final stage the Director presents
this budget plan to the IBA Board of Governors for the final
approval. IBA’s Board of Governors hold a meeting and
discuss and approve the library budget.
Budget
Allocation
The
Library budget is received at the beginning of each
academic calendar year. It is theoretically apportioned
between the Main campus Library and City campus Library.
At IBA the budget allocation is distributed to enable
the purchase of books and serials (including access to
electronic databases).
