Page 121 - DLIS003_LIBRARY ADMINISTRATION AND MANAGEMENT

Library Administration and Management

Notes Non-plan Grants: Regular budgeted grants given every year.
Non-recurring Expenditure: Expenditure that does not repeat every year, e.g., monthly report on
building, equipment, machinery etc.

Plan Grants: Funds made available on projects that go under annual plans, five-year plans, etc.
Recurring Expenditure: Expenditure that repeats every year, e.g., books, journals, staff salaries,
etc.

Welfare Economics: An economy which seeks to increase the satisfaction of individuals in a
society.

6.7 Review Questions

1. List the components of financial management.

2. State the principles that govern financial management.
3. Enumerate the characteristics of service-oriented and not-for-profit organizations.
4. State how public libraries get their funds. Give your answer in four sentences.
5. What are the sources of raising funds for academic libraries?
6. List the methods of estimating funds for libraries.

7. Elaborate the principles of library expenditures.
8. What do you understand by ad-hoc grants?
9. Differentiate between recurring and non-recurring expenditure.
10. State the major items of expenditure of libraries.

Answers: Self Assessment

1. Simplicity 2. Market

3. Information centres 4. Continuing
5. Recurring 6. non-recurring
7. ad-hoc 8. Endowments
9. Per Capita 10. Proportional Method
11. Spending 12. funds
13. Economy

6.8 Further Readings

Books C.K. Sharma, Kiran Singh. 01-Jan-2005. Library Management (Vol 1), Atlantic
Publishers & Distributors.
D. K. Pandey. Jan, 2004. Library and Information Science. Atlantic Publishers &
Distributors.
Richard E. Rubin. Third Edition. Foundations of Library and Information Science.
Neal-Schuman Publishers New York London.

116 LOVELY PROFESSIONAL UNIVERSITY