Navigating Public Library Finances Series - Session 1: The Library Finance Environment - Ontario Library Service

Events Calendar

Navigating Public Library Finances Series - Session 1: The Library Finance Environment
Wednesday, 05 June 2024, 12:30PM -  1:30PM
by staff

This three-part comprehensive webinar series provides a deep dive into the intricate world of library finance, equipping library leaders and board members with the knowledge and tools to effectively manage the financial operations of their organizations.

Session 1: The Library Finance Environment
Wednesday, June 5, 2024, 12:30-1:30pm ET | 11:30-12:30pm CT  
The session examines the critical relationships of library finance, including the dynamic between the board and the CEO, the role of the municipality, and the importance of the auditor in providing financial oversight. Library budgets will be explored including the operating and capital budgets, zero based and multi-year budgets as well as timing and the link to the strategic plan.
 
Session 2: The Nuts and Bolts 
Wednesday, September 18, 2024, 12:30-1:30pm ET | 11:30-12:30pm CT 
Delving into the practical aspects of library finance, this session covers the various ways libraries generate revenue, from annual operating and capital budgets to grants, endowments, donations, debentures, and development charges.
 
Session 3: Specialized Topics 
Wednesday, October 9, 2024, 12:30-1:30pm ET | 11:30-12:30pm CT  
 The final session focuses on specialized areas of library finance, including the management of signing authorities, reserves, purchasing, risk management, and asset management. 
 
This webinar series is presented by Karen Smith Curtis, C.A., CPA. Karen is a highly experienced Financial Executive with a proven track record in financial reporting, leadership development and risk management. Karen is recognized for her ability to synthesize complex information into actionable objectives to move the business forward. 
 
Karen has previously held executive level positions at St. Catharines Public Library, Burlington Public Library, and Canadian Tire Bank.