Money Issues

Prince donated $12,000 to Lou. libraries

From WHAS, the artist formerly and forever to be known as Prince was a fan of libraries. May he RIP.

Proposed Alaska state budget cuts zero out funding for library internet

“It’s taken off, and people are just starting to see the many opportunities that it brings us,” Julene Brown says. “It’s just kind of ironic to see these state agencies that are trying to figure out how to deliver services with the budget cuts that they’re face. This video conferencing is one way they’re able to do that.” Back in Haines, Miles Curtis says with the world becoming increasingly paperless, access to the web is no longer just a privilege. “It’s gotten to a point where I would consider it a right,” he says. “Everything is going in the direction where it would be difficult to function, and have access to the information that everyone should be entitled to.”
From KHNS Radio | KHNS FM » Proposed state budget cuts zero out funding for library internet

Tim Tierney's call for 'fair' e-book prices for Canadian libraries adopted by FCM

Canadian municipalities are asking the federal government to find ways to bring down e-book prices for their public libraries, a move led by an Ottawa councillor. 

From Tim Tierney's call for 'fair' e-book prices for libraries adopted by FCM - Ottawa - CBC News

WI Libraries can now report overdue fines to collection agencies or police

Senate Bill 466 – permits a library to report to a collection agency or, under some circumstances, a law enforcement agency, information about delinquent accounts of any individual who borrows or uses the library’s documents, materials, resources, or services.  Authored by Senator Sheila Harsdorf (R – River Falls) and Representative Nancy VanderMeer (R – Tomah), the bill passed the Senate on a voice vote and was concurred by the Assembly on a voice vote.  It is Act 169.

From Governor Scott Walker Signs 46 Bills Into Law | Office of the Governor - Scott Walker

James Patterson announces gifts to booksellers, libraries

The beneficiaries include a manager at the Brazos Bookstore in Houston with a passion for works in translation and a community school in Pittsfield, Massachusetts, dedicated to reaching as many readers as possible.

They are part of James Patterson's $2 million holiday gift program, with grants and bonuses ranging from $1,000 to $10,000 to schools and libraries and independent bookstores and coordinated with the Scholastic Reading Club and the trade group the American Booksellers Association. Patterson announced Tuesday that 340 libraries and 87 independent bookstore employees had received money.

From James Patterson announces gifts to booksellers, libraries -

Internet Archive! How You Can Put Knowledge into the Hands of Millions

Today is #GivingTuesday, the one day you are encouraged to give to your favorite charities. This GivingTuesday, I hope the Internet Archive will be at the top of your list. By giving a small amount, you can put knowledge in the hands of millions of people, for years and years.

From How You Can Put Knowledge into the Hands of Millions | Internet Archive Blogs

Outrage as city with new £188m library ask readers for help buying books

A council which spent £188million on a state-of-the-art new library has been criticised by readers and authors after it ran out of money and asked the public to donate books.
Libraries in Birmingham have posted notices requesting members donate their new and recently-released books, saying they would be “gratefully received”

From Outrage as city with new £188m library ask readers for help buying books - Telegraph

Poverty, Libraries, Jobs, Me

With that said: should a library director be paid $7.25/hr? No, of course not. But in this part of Kentucky, believe it or not, that is a decent salary. Not because it is objectively an amount of money that someone deserves for doing their job, but only because the area around it has been forgotten. This part of the world has been given up on by the former industries that sustained it, by the clay and the tobacco and the lumber that were the only reasons money ever flowed into the economy of the area in the first place.

From Poverty, Libraries, Jobs, Me | Pattern Recognition

E-books proving costly for Richmond Public Library - News - Richmond News

Rising salaries, electronic book costs and a steep decline in book fines are putting financial pressure on the Richmond Public Library.

On Monday, the city’s finance committee approved a $200,000 temporary boost to the library’s collections budget, but not before questioning its practices.

“The whole idea of late charges wasn’t to make money or revenue. It was to ensure the material is fairly distributed. But then you become dependent on it,” said Buss, who told councillors there are opportunities to make money via 3D printing.

From E-books proving costly for Richmond Public Library - News - Richmond News


Nice Story for a Monday; VT Janitor Bequeaths Savings to Library & Hospital

Reuters reports:
Everyone thought he was practically penniless, but he managed to save up $8 million dollars and bequeathed it in his will.

Perhaps the only clue that Ronald Read, a Vermont gas station attendant and janitor who died last year at age 92, had been quietly amassing an $8 million fortune was his habit of reading the Wall Street Journal, his friends and family say.

It was not until last week that the residents of Brattleboro would discover Read's little secret. That's when the local library and hospital received the bulk of his estate, built up over the years with savvy stock picks."Investing and cutting wood, he was good at both of them," his lawyer Laurie Rowell said on Wednesday, noting that he read the Journal every day. Most of those who knew Read, described as a frugal and extremely private person, were aware that he could handle an axe. But next to no one knew how well he was handling his financial portfolio.


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