Funding the library

Abstract

In the wake of the Global Financial Crisis, libraries have come under serious financial threat. This effect has reduced the financial support for libraries to about 70%. Money is very crucial to the efficient running of a library and information service center. The need for a library vehicle for the running of errands for the library all comes down to financial support. The financial needs of a library are important to support jobs such as the acquisition of new collections and books, detergent and sanitary materials such as dusters, mobs, brooms, the purchase and refurbishment of computers, photocopiers, the payment of allowances for staff who partake in overtime and night duties. It is very important that policy makers, management of libraries put in a lot of effort in accessing financial support for the libraries where they work. There should be agencies set aside to provide emergency and critical financial support to the library when the need arises for better services. The is also the need for the financial department and the library f an institution to strengthen their relationships for mutual benefit.