New Library Directors Handbook

Finances Overview

Public libraries must have stable funding in order to continue serving the community. Public library funding comes from local, state and federal sources. Private funding sources, however, are also important. The major source of public library funding in Montana comes from local property taxes, either through a specific mill levy or an appropriation from general funds. In this chapter, we will discuss the different funding sources, how to budget and track library finances.

(Adapted from the Montana Public Library Trustee Handbook)