Public libraries are walking a tightrope. They are a free service to all, but increasing funding cuts have some libraries turning to a wide variety of revenue-generation strategies to ensure financial security. Gift and coffee shops, meeting room rentals, classes, and more are being launched in hopes of filling funding gaps. In fact, in a recent…

Inglewood Public Library publishes a variety of materials, mostly manuals. The library staff writes them, the city prints them, and then they are sold through the City Finance Office with sales credits going to library revenues. (Author)

Reports results of public library survey conducted by a Public Library Association committee that was established to study library investment practices and assess the need for establishing an investment management service. Revenue sources, investment patterns, benefits of pooling, and a proposed management service are highlighted. Six sources are…