Link to January 15 Library Journal article, "Permanent Shift? Library Budgets 2010.Excerpt: It’s no surprise that libraries in LJ’s annual budget survey reported an overall downward trend, with the expected decline in total budgets some 2.6% and the change in materials budgets 3.5%. Per capita funding is nudging down after years of steady if sometimes modest increases, with a projected decline of 1.6% in FY10.
After all, the country has not emerged from a major economic downturn, and libraries—especially those lacking a dedicated funding stream—are particularly vulnerable to budget cutbacks and declining property values.
From what Retiring Guy is reading in news accounts and hearing anecdotally, the next round of budget deliberations is likely to be decidedly more painful. In fact, some libraries on a July 1 to June 30 fiscal year have already found this to be so.
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