Money Issues

Science Researchers on Google Scholar, Web of Science, and PubMed

Shifting Sands: Science Researchers on Google Scholar, Web of Science, and PubMed, with Implications for Library Collections Budgets , Issues in Science and Technology Librarianship, Fall 2010
Authors: Christy Hightower, Christy Caldwell

A study done by two librarians named Christy at UC Santa Cruz in Issues in Science & Technology Librarianship. Interesting implications for content budgets and publishers...

Innovation Is Doing Little for Incomes

Interesting piece in the NYT by Tyler Cowen (professor of economics at George Mason University)

Artricle here

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Rancho Mirage Friends and Foundation Settle Major Financial Dispute

The Friends of the Rancho Mirage (CA) Public Library will hand almost all of its $2.2 million in assets over to Rancho Mirage and dissolve itself, under the terms of a settlement agreement which will end the city’s lawsuit against the organization. Report from My Desert News.

The city is to get $310,000 from the Friends’ account within a week to cover Library programs, improvements to the Community Room and other items included in the city’s funding request to the Friends from last August. About $1.8 million will be transferred to the Rancho Mirage Public Library Foundation, which the city formed as a replacement library fundraising arm when it filed suit in September.

The settlement ends a dispute which erupted in the fall of 2008, when the Friends board gave approval to buying a $25,000 sponsorship of the Palm Springs International Film Festival, a transaction never made after some board members raised objections.

This led to the city’s discovery that the Friends board had changed its bylaws, without notifying city officials, to eliminate an annual, automatic transfer of funds. The city had overlooked the end of the fund transfers.

The Friends board said most of the money it had in the bank was designated by donors to be in an endowment, set aside to draw interest, and not spent itself.

CLA's Response to Governor Defunding Libraries

From Shelf Awareness: California Governor Jerry Brown's proposed budget for fiscal year 2011-2012 eliminates state funding for public libraries, a loss of $30.4 million for the Public Library Fund, Transaction Based Reimbursement and the California Library Literacy & English Acquisition Service.

In a formal response, Paymaneh Maghsoudi, California Library Association president--and director of the Whittier Public Library--contended that Brown's proposal "is both disastrous and disheartening. Since the early 2000s, public libraries have been one of the hardest hit segments of local government, with deep reductions totaling more than 75% made to these programs by the previous two governors combined. We understand fully California's dire budget situation and the challenges of the recessionary economy, but the public libraries have done more than their share to assist with the Budget deficit over the years by absorbing painful cuts. The time has come to stop the bleeding and CLA respectfully asks the members of the legislature to oppose these proposed cuts to our valuable programs."

Berkshire vice chair gives $3M of stock to library

Berkshire Hathaway Inc.'s Vice Chairman Charlie Munger gave stock worth nearly $3 million to the nonprofit Huntington Library in southern California.

Full article


Borders on the Brink of Bankruptcy

In better days, the Borders bookstore in Westwood  hosted book signings for photographer Annie Leibovitz, actor-turned-producer Henry Winkler and musician Sir Paul McCartney. But now, the countdown to its closing is on. Friday is the last day. Story from L.A. Times Books.

In related news, two top Borders executives resigned today; story from Galley Cat.

Florida Prison Library Awarded Grant

GAINESVILLE, FL: The Alachua County Public Library branch operated at the county jail has been selected to receive a Great Stories Club grant from the American Library Association.

As a result of the grant, the county jail will receive free books that are geared toward the young adult inmate population. Major funding for the Great Stories Club has been provided by Oprah Winfrey’s Angel Network.

The jail library, an actual branch of the Alachua County Library District, has more than 5,000 books and is very popular among the inmate population.

Earlier this month, two juvenile inmates who had conducted their research at the jail library, were recognized by the Gainesville Chapter of the Links Incorporated, for essays they had submitted for a community-wide essay contest.

Oprah, show us some of that library love too! OPRAH, LIBRARIES NEED YOU!

An Alaskan Collection Now Without a Home

Streaming radio from Public Radio in Sitka, Alaska:

In the three years since Sheldon Jackson College, founded originally as a Tribal College has closed, there’s been much attention directed on the efforts of the trustees to settle the school’s debts while leaving something behind for some future institution. That legacy will not include a library. Earlier this year SJ’s trustees announced that a transaction was underway to sell the Stratton Library to the state for just over $2-million. The building will join the Sheldon Jackson Museum next door and become part of the state museum system. But only the building is going to the state. The future of the collections inside is a longer story.

Local librarians have been working hard to redistribute the most valuable items in the Stratton collection. Earlier this month (December 2010) the public had the unusual opportunity to buy books right off the shelf.

“I don’t want to disrespect the collection, because it’s a phenomenal collection. But it’s a collection without a home.”

Remember 'The Kickass Librarian' Video? She's Lost Her Library

One week ago we posted this funny video, The Kick Ass Librarian. It's worth a second watch.

Particularly now that we've learned from the scriptwriter, Jason Wilkins, that the library where it was filmed, the Reiche Branch of the Portland, ME Public Library is now CLOSED.

The video is very amusing, but the situation of libraries today IS NOT. Want to join our grassroots facebook campaign to get Oprah to help Libraries? Please visit & join our group Oprah, Libraries Need You! and get in on the ground-floor of our postcard campaign. We're inundating Oprah with 5,000 identical postcards calling on her to publicize the drastic situation of our libraries!

Library Board Spends Money It Doesn't Have...oops

Dedham’s MA Library Board of Trustees made an embarrassing confession last week: They never had $40,000 they thought they had to cover the Main Library staying open for 25 Sundays.

The money also was supposed to go toward hiring three library helpers, or pages, and for overtime.

As a result, the Main Library will close Sundays, starting Dec. 19, after being open for eight Sundays this fall. The Main Library already is closed on Saturdays.

“We can’t add or subtract properly; I’m sorry, folks,’’ said board member Mike Chalifoux. “We were looking at money that didn’t exist. It was an error. . . . We thought we had money, and we didn’t.’’


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