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6th NACML (National Conference on Management of Modern Libraries) - 2025 at Dr. TMA Pai Hall
Library Budget
Replies to This Forum
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Permalink Reply by Siddhartha Shankar Ray on
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Dear Sri Yuvaraj,
Thanks for your post.
As we all know that Budgets are "An advance Financial Statement about potential fiscal activities in the commencing FY" and library budgets are no different except, however, generally,
(A) Librarians get an allocation from the authority and prepares the plan of expenditure of the library for the year based upon the allocated amount.
Here the librarian has to "internally" allocate funds for different heads.
Of course there happens to be another situation
(B) where the authority seeks annual financial requirements from different departments including the Library.
In both the cases, the librarian has to prepare tentative financial requirements under different. The heads often varies according to the nature and type of the library but by and large, the consist of the following heads:
1. Purchase of Books
2. Purchase Reports or other non book materials
3. Purchase of Journals &/or Databases
4. Payment of AMCs. of instruments & software
5. Logistics
6. Training of Staff
7. Expenditure towards hiring contractual staff etc. etc.
What I have mentioned above is just abroad & skeletal picture/idea as a general activity. One can certainly modify it to suit his/her requirement as the case may be.
Sincerely,
Siddhartha S. Ray
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Permalink Reply by Tushar Vanzwala on
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Dear Sir,
Please find attached herewith budget format for your reference.
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