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Article: Libraries aim to put new funds on the books.(Cuyahoga County Public Library, Cleveland Public Library)(Brief Article)
- Article from:
- Crain's Cleveland Business
- Article date:
- July 22, 2002
- Author:
CopyrightCOPYRIGHT 2002 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As Cleveland-area libraries seek to navigate the best financial course in the face of reduced state subsidies, library officials anticipate relying more heavily on the generosity of the business community.
The Cuyahoga County Public Library and the Cleveland Public Library are looking at short- and long-term solutions to address declining income tax revenue, which accounts for at least 50% of each of their annual operating budgets.
John Lonsak, executive director of the Cuyahoga County Public Library, is developing the Cuyahoga County Public Library Endowment, a new financing initiative centered on a board of trustees that will look to tap corporate ...