Document Type

Report

Publication Date

2-1-2012

Research Center

Center for Public Management

Abstract

This report presents a review of the financial condition of the Cleveland Public Library (CPL) from 1998 to 2010, presents a national scan of how libraries have creatively adjusted to economic conditions, and profiles the challenges of Ohio and national libraries considered as peers to CPL over the past five years. The results suggest that CPL has successfully mitigated impacts from the economic recession due to strong leadership, adequate revenues, controlled expenditures, and frugal financial management of cash reserves. The financial challenge to CPL will be in maintaining its current level of services as the city of Cleveland’s population, and therefore tax base, declines.

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