COST‐FINDING: The Wisconsin Experience

Abstract

Few library administrators actually determine direct and indirect costs when projecting current service costs. In fact, the most common approach is to apply an inflationary factor to the previous year's budget lines. This makes it difficult, if not impossible, for officials who make decisions about library funding to determine the cost of a unit of service. No one has any idea about whether or not the library is efficiently run.

Citation

Richmond, E. (1989), "COST‐FINDING: The Wisconsin Experience", The Bottom Line, Vol. 2 No. 1, pp. 23-28. https://doi.org/10.1108/eb025155