A. General

In Virginia, public libraries receive funds from the following sources: Local government appropriations, State Aid grants, Federal Aid grants, other funds such as endowments, gifts, income from fines and copying machines, and fund raising drives sponsored by the Friends of the Library.

B. Control

Fiscal control is vested in the Library Board of Trustees, and the endowment fund is managed by a standing Finance Committee. Day-to-day budget decisions are delegated to the Library Director. The Board of Trustees controls expenditures within an overall budget approved by the governing body.  The King George County Treasurer serves as an advisor to the Board of Trustees in fiscal matters.

C. Gifts

Gifts to the Library are gratefully and willingly accepted.  Monetary gifts may be designated as unrestricted funds to be expended at the Library Board's discretion or as funds to be used for specific purposes by the Library Director, such as programs, books. multimedia, etc.    Gifts of materials not added to the collection may be sold, offered to other institutions, or used in any way that the Library Director deems proper. Gift values will not be appraised for income tax purposes.

D. Credit Card

The Library maintains a credit card for library-related purchases only.  The Library Director is  the only employee authorized to use the card.   Expanses covered by the card are limited to travel and purchases from companies that do not invoice.