Sannwald, William W., <br/><br/>
FINANCIAL MANAGEMENT :  for libraries /  
WILLIAM W. SANNWALD 
 - xiv, 199 pages :  charts, photographs ;  28 cm 
<br/><br/>Includes bibliographical references and index 
<br/><br/>Preface --<br/>Introduction --<br/>Tables, figures and exhibits --<br/>1: Introduction to budgeting and strategic planning --<br/>2: Accounting concepts --<br/>3: Library budget development process and participants --<br/>4: Library performance measures and operating ratios --<br/>5. Budgeting and forecasting --<br/>6. Revenue sources --<br/>7. Capital budgets --<br/>8. Budget approval and control --<br/>9. Budgetary categories, comparisons, forms, and the balanced scorecard. 
<br/><br/> Presenting financial management principles and best practices applicable to both public and academic libraries, this comprehensive text elucidates a broad array of issues crucial for those entering a managerial position. Both thorough and straightforward, Sannwald's treatment:<br/><br/>gives readers a solid grounding in the basics of accounting and finance, with an emphasis on applicability to library management and operations;<br/>ties budgets and strategic planning to library vision, mission, goals, and objectives;<br/>discusses the roles of stakeholders such as boards, governmental/municipal bodies, the university, and the community;<br/>looks at a variety of funding sources, from tax revenue to gifts and donations, and presents sound strategies for including them when projecting income and expenses;<br/>articulates and discusses the pros and cons of various budget strategies;<br/>includes sample budgets and forms that can be customized as needed;<br/>offers expert guidance on modifying budgets for windfalls and shortfalls;<br/>explains operating ratios, fiscal benchmarking, and metrics, demonstrating how to use these to effectively create and manage a budget and assess the fiscal health of the library; and<br/>advises on how to effectively prepare and present a budget and annual financial statements to a library's governing agency.<br/><br/>Ideal for course use, this book will also serve as a ready reference for practitioners. 
<br/><br/><label>ISBN: </label>9780838915608  RM351.12 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Library finance--United States --Handbooks, manuals, etc.<br/>Information services --Finance--United States--Handbooks, manuals, etc.<br/>Libraries --Accounting--United States --Handbooks, manuals, etc.<br/>Library finance
<br/><br/><label>Dewey Class. No.: </label>025.110973