Continued Decline: A Library Finances Update
Nine months into our fiscal year, and we are trending 6% less than we budgeted – and we had already budgeted for a decrease!
Overall, our filing fees have declined by 40% over the last seven years. In that same period, the cost of legal materials has gone up 70%. Repurposing the East County and South Bay branches, cutting the Westlaw legal database and many print subscriptions, reducing hours and staff are a direct result of this decline.