Budget and Finance Policy

The East Orange Public Library has a Board-approved written budget. This Budget is developed annually as a cooperative process between the Board's Finance Committee, the Library Director, and additional staff members with responsibility for budgetary elements. Each year, the Board of Trustees determines if the library's revenues are adequate to meet the needs of the community. If the revenues are not adequate to meet the needs of the community, the Board of Trustees takes action to increase the library's revenue.

On a monthly basis, the Library Director presents written reports on library operations to the Board of Trustees. These reports include such areas as finance, library usage, matters of personnel, collection development, and programming in addition to any other relevant and pertinent information.

The library maintains complete records of library operations in a manner easily understood by the public as well as the Board of Trustees and the Library Director. This record of library operations is presented at each board of trustees monthly meeting and clearly indicates the financial position of the library.

Approved by the Board on 9/11/03.