[Michlib-l] Fund Balance Question

[Jaema Berman]

Dear Colleagues, What is your understanding and experience when comes to recommending a fund balance or savings for your library's budget? What would be considered too much or too little?  What do you, as an administrator base it on? Thanks for your time and wisdom! 
Sincerely,
Jaema Berman

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Jaema Berman
Director
Addison Twp. Public Library
1400 Rochester Rd.
Leonard, MI 48367
Phone: 248-628-7180
Fax: 248-628-6109
http://www.addisontwp.michlibrary.org

“Today a reader, tomorrow a leader.”
Margaret Fuller
1810-1850
Some books are to be tasted, others to be swallowed, and some few to be chewed and digested. ~ Francis Bacon