{'fraction_non_alphanumeric': 0.011711711711711712, 'fraction_numerical': 0.0036036036036036037, 'mean_word_length': 5.613095238095238, 'pattern_counts': {'":': 0, '<': 0, '<?xml version=': 0, '>': 0, 'https://': 0, 'lorem ipsum': 0, 'www.': 0, 'xml': 0}, 'pii_count': 0, 'substrings_counts': 0, 'word_list_counts': {'cursed_substrings.json': 0, 'profanity_word_list.json': 0, 'sexual_word_list.json': 0, 'zh_pornsignals.json': 0}}
Financial Management of Libraries: Past Trends and Future Prospects

THE GROWING ALIGNMENT OF INFORMATION SERVICE MANAGEMENT to business-based models of management since the 1970s is evident. The impact of the information and communication technologies (ICTs) on all areas of information service management is bringing about further structural changes and adjustments to practice. The financial environment within library and information services is reviewed and a structure for financial management is presented based on funding source and level of commercial activity. A set of criteria for library resource and service management based on Maurice Line's proposals is reviewed and these are critically appraised against the parameters of the business and financial models discussed. A good fit between Line's principles and business and financial parameters is found. A discussion of macroeconomic factors and contemporary trends is offered. A set of objectives for financial management of library and information services is developed and reviewed in the light of future trends and stakeholder perspectives.