Budget & Finance Overview
Current budgetary procedures require that ALSC’s budget must be in line with a budgetary ceiling set by BARC based on the estimated below sources of income. The draft budget as developed by the ALSC Budget Committee, and discussed by the ALSC Board, is prepared and submitted by the ALSC Executive Director to the Director of Planning and Budget after the Midwinter Meeting. The ALA Executive Director, the Chief Financial Officer, and BARC review the budget to assure that it is within overall general ALA policies and guidelines.
BARC presents its recommended budget to the Council and Executive Board at the Annual Conference. A budgetary ceiling for divisions is adopted at that time. At the Fall ALA Executive Board meeting (when the previous year’s figures are available and the exact balance is determined), the final division budgets are adopted.
The ALSC Board gives final approval to the ALSC Budget at the Annual Conference, making any amendments it desires at that time.
Budget—General Information
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Source of Funds
ALA BYLAWS
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Article I, Section 2: …All [ALA] personal members shall be eligible for membership in any division upon payment of annual dues as established by the division.
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Article I, Section 2(c): All division membership dues for organization members will be credited to respective divisions.
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Article VI; Section 6:
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All dues paid by personal members for division membership are credited to the division. Additional allotments may be made by the Executive Board upon BARC’s recommendation.
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All divisional funds are in the custody of the ALA Executive Board, to be accounted for and disbursed by its designated officer on authorization of the division officers.
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A division shall have the right, by vote of its members, to impose additional fees. Funds so collected shall be subjected to the provisions of paragraphs (a) and (b) above.
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Article VI; Section 7:
No division shall incur expense on behalf of the Association except as authorized…
ALSC Bylaws:
Article III, Sec. 2: The ALSC may charge additional fees in accordance with the ALA Bylaws, Article I, Sec. 2 and Article VI, Sec. 6(c), when approval of such fees has been given by the membership by a mail vote.
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Outside Funds
Any project for which funds are to be sought from an outside agency must have the approval of the ALA Executive Board. The Executive Board determines the method of negotiation with outside agencies and approves the agencies to be approached.
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The ALA General Budget, by agreement with the division in 1988, provides ALSC with basic support services. For details of these see the Operating Agreement in the ALA Handbook of Organization.
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ALSC’s budget, as approved by the Board, must include:
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Children and Libraries: The Journal of the Association for Library Service to Children
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Salaries of all staff working for ALSC (Salary scales and benefits set by the ALA Executive Board)
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Postage
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Phone
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Computer printouts of membership, mailing labels, etc.
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Printing and duplicating services
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Division Executive Committee Expenses (e.g., costs of postage, telephone during year of presidency, Fall and Spring Planning Meeting expenses)
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Committee expenses
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Division travel expenses
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Special projects: workshops, institutes, preconferences, special handbooks, etc.
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Restricted Funds and Endowment Funds
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Newsletter expenses
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Special grant and award funds
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Budgetary Procedure
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The Vice-President (President-Elect), the President, the fiscal officer, and the ALSC Executive Director discuss expected budgetary needs and procedures at their Fall meeting. These are communicated to Chair of the Budget Committee by the fiscal officer.
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The Executive Director, (with the advice and assistance of the Budget Committee Chair and the fiscal officer) prepares a preliminary draft budget based on:
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ongoing activities, that merit continuation
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new activities, that merit implementation
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estimated increases and additional needs for personnel, salaries, technology and equipment, paper, printing, postage, telephone, Children & Libraries Journal and newsletter, etc.
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Estimated travel needs
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Special projects
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Other
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The Chair presents the tentative budget and recommended priorities (as determined by the Committee) to the ALSC Board of Directors for discussion at Midwinter.
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Following Midwinter, the ALSC Executive Director prepares the budget, according to ALA form, using the Budget Committee and Board priorities as a guide, and submits the budget to the Director of Planning and Budget and BARC for review as to conformity with ALA general policies and guidelines.
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If the budget must be adjusted within the period between Midwinter and final approval (due to previously unknown price or salary increases, overhead rates, or other items), the Executive Director confers with the Chair of the Budget Committee. All budgetary adjustments are made within the guidelines of priorities established by the Board.
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Final budget, as submitted, is presented to the ALSC Board at the Annual Conference.
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The ALA Executive Board approves the budgetary ceiling at the Annual Conference, and finally in the fall.