Three Budgeting Mistakes to Avoid

Many librarians get promoted into management positions without learning essential management skills such as budget management. When managing a budget, it’s important not to rely solely on last year’s budget. Here are some common mistakes librarians make:

• Underestimating operating costs
  • Failing to account for rising costs in utilities, staffing, or technology maintenance.
• Neglecting community input
  • Creating budgets without considering the needs of the community and the priorities of the library.
• Ignoring technology needs
  • Overlooking the cost of upgrading or maintaining tech such as computers or wifi infrastructure.

Download our free checklist and integrate it into your budget planning process to avoid these three common mistakes:

What are your burning budget questions?

You told us in our last poll what causes you the most stress when it comes to budgeting (cough cough, need more funding!). Now, we want to know what you want to know about library budgeting. Submit our 2-question survey to share!