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Please submit the following by Thursday October 29 2015 to Michelle Ocasio Chair Library Affairs Committee maocasio valdosta.edu Department Department Head signature Originator Date 1. LIBRARY CONTINGENCY FUNDS REQUEST FORM Contingency fund requests should be made only after the regular department allocation has been obligated. Contingency funds cannot be used to purchase new subscriptions. Attach bibliography of items requested ranked in order of priority with 1 the most desired. Each...
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How to fill out library contingency funds

01
Determine the purpose of the library contingency funds.
02
Set a budget for the contingency funds based on the needs and potential risks.
03
Establish a formal process for requesting and approving the use of contingency funds.
04
Monitor the usage of the contingency funds to ensure they are used only for emergencies or unforeseen circumstances.
05
Document all expenses related to the contingency funds for transparency and accountability.
06
Regularly review and adjust the amount of contingency funds based on changing needs and circumstances.

Who needs library contingency funds?

01
Libraries that have limited financial resources and need a safety net for unexpected expenses.
02
Libraries that serve communities prone to natural disasters or other emergencies.
03
Libraries that have valuable collections or resources that require additional protection.
04
Libraries that experience frequent equipment failures or require regular maintenance.
05
Libraries that rely heavily on external funding and need contingency funds to bridge gaps in funding.

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