Budgeting and Finance for Public Libraries
Master essential financial management and budgeting skills for effective public library administration.
Master essential financial management and budgeting skills for effective public library administration.
This practical course equips library professionals with fundamental financial management skills needed for public library administration. Students learn budget creation, financial report analysis, and long-term planning strategies. The curriculum covers financial concepts, expenditure forecasting, revenue management, and auditing procedures, all specifically tailored to public library contexts.
Instructors:
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What you'll learn
Analyze financial reports and statements effectively
Create and manage library budgets strategically
Implement best practices for financial controls and procedures
Develop accurate financial forecasts
Evaluate long-term financial sustainability
Align financial decisions with library service goals
Skills you'll gain
This course includes:
PreRecorded video
Graded assignments, Exams
Access on Mobile, Tablet, Desktop
Limited Access access
Shareable certificate
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There are 8 modules in this course
This comprehensive course focuses on financial management in public libraries. Students learn essential budgeting concepts, financial report analysis, and strategic planning for long-term sustainability. The curriculum covers expenditure forecasting, revenue management, financial controls, and auditing procedures. Through practical examples and exercises, participants develop skills to align financial decisions with library service goals and priorities.
Introduction
Module 1
Starting with a Piece of the Budget
Module 2
Expenditures
Module 3
Forecasting Expenditures
Module 4
Revenues
Module 5
Building the Budget
Module 6
Financial Management, Auditing, and Control
Module 7
Planning for the Future
Module 8
Fee Structure
Instructor
10 Courses
Leading Expert in Public Library Management and Innovation
Larry Neal has served as Director of Clinton-Macomb Public Library since 2006, where he oversees a three-facility library system serving 180,000 residents with a $9M annual budget and 150 staff members. After completing degrees including an MBA from Oakland University and MSI-LIS from the University of Michigan, he has built an impressive 40-year career in public library leadership. His tenure at CMPL has been marked by significant achievements including successful bond issuances, facility expansions, and innovative service improvements. As past president of both the Michigan Library Association and Public Library Association, he has shaped library policy at state and national levels. His expertise in library finance and strategic planning led him to develop two MOOCs for the University of Michigan School of Information, while his leadership in grassroots advocacy resulted in successful millage campaigns for both Bloomfield Hills and CMPL. Currently serving as an ALA Policy Corps Fellow and candidate for ALA Treasurer 2025-2028, he continues to advance library services while managing CMPL's $14.3M Main Library renovation project. His contributions to the field have earned numerous recognitions, including Michigan Library Association's Librarian of the Year and Library Journal Mover & Shaker status, demonstrating his commitment to innovative library leadership and community service.
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Frequently asked questions
Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.