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Compare our Library to Stow-Munroe Falls Library
Businesses compare their own costs of operations to the costs of their competition. If their competition uses new lower cost processes then they adapt their own operations accordingly, if they want to stay in business.
If our public libraries want to provide a quality service at a lower cost than their competition then they need to compare their operations to other libraries on a continuing basis. But, other libraries are not the only form of competition to our public libraries.
The new competitor to all of our public libraries is Google and Microsoft. Thus, 'internet literacy' is essential, if we want our community to compete with our global competition.
By knowing how to compare our library to a competitor, we can improve our operations and avoid being a prisoner to our past successes.
Lou Schott lschott@neo.rr.com This page was last modified on August 15, 2006 05:53 AM | | | CFO ($000) | Stow ($000) | Comments | | | | | The following data comes from articles published by our Falls News Press. | | For 2006 | Budget | 1,800 | 2,300 | What is our projected surplus by 12/30/06? | | For 2006 | Requested Levy | 1,000 | 0 | CFO votes in Nov. 2006 for $1,000,000 levy. The Stow Director facilitated a Strategic Plan involving community members before asking for a recently approved levy. | | For 2006 | Total: |
2,800
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2,300
| Why do we need 0.5 million more than Stow? | | | | | The following data comes from a website hosted by our State Library. http://winslo.state.oh.us/publib/05vols.xls . | | For 2005 | Operating Expense: | 1,829 | 1,718 | | | For 2005 | Operating Revenue: | 1,689 | 1,569 | | | For 2005 | Material Expense: | $343 | $215 | | | For 2005 | Total Staff Expense: | 1,164 | 1,177 | |
| | | CFO | STOW | Comments | | | | | The following data comes from articles published by our Falls News Press. | | | | | What is our projected surplus by 12/30/06? | | | | | CFO votes in Nov. 2006 for $1,000,000 levy. The Stow Director facilitated a Strategic Plan involving community members before asking for a recently approved levy. | | | | | Why do we need 0.5 million more than Stow? | | | | | The following data comes from a website hosted by our State Library. http://winslo.state.oh.us/publib/05vols.xls. | | For 2005 | Operating Expense: | 1,829 | 1,718 | | | | | 1,569 | | | | | | | | | | | |
| | | CFO | STOW | Comments | | | | | The following data comes from a website hosted by our State Library. http://winslo.state.oh.us/publib/05vols.xls. | For 2005 | Circulation: | 772,326 | 746,169 | Within ~4% of each other | For 2005 | Registered Borrowers: | 41,805 | 33,667 | What is this now? | For 2005 | Volumes Held: | 149,443 | 117,368 | What is this now? | For 2006 | Floor Space -- Sq Ft.: | ??? | About 28,000 | What is this now? | | # of directors: | 1 | 1 | Stow Director has business experience. | | # of Clerk-Treasurers | 1 | 1 | Stow has spreadsheet of costs updated monthly for the public to see. Stow projects estimated costs out to control costs with the budget. Stow does a 'soft 5 year financial forecast'. | | For 2005 | # FTE Staff: | 30.75 | 37 | Stow currently has 50 people. | | For 2005 | Total Staff Exp. in 2005: | $1,164,460 | $1,177,325 | | | # of Board Members: | 11 | 7 | | | # of Friends (Volunteers): | | | | | # of Business Friends: | | | | | # of eMails sent via Newsletter: | | | | | # of visitors to library website: | | | |
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