We are not a non-profit library but we have a non-profit library foundation board. The question about auditing surfaced when we applied for a grant which required seeing a financial audit report. In the past we have done it every four years. The board decided that we should do an audit at least every other year if not every year so we can qualify for grants. I have to say it is very expensive to have a full audit done.
Thanks Pauline Lam, MLS Library Director Cedar Park Public Library 550 Discovery Blvd. Cedar Park, TX 78613 Tel: (512) 401-5624 Fax: (512) 259-5236 ________________________________ From: [email protected] [mailto:[email protected]] On Behalf Of Laurie Mahaffey Sent: Friday, October 02, 2009 12:58 PM To: [email protected] Subject: [ctls-l] Audits A non-profit member library would like to know if other non-profit libraries are audited annually. There is no problem or concern; the question was raised at a recent board meeting. Please reply to the list. Thanks! Laurie Laurie Mahaffey, Deputy Director Central Texas Library System, Inc. 1005 West 41st Street Austin, Texas 78756 www.ctls.net [email protected] 512-583-0704 x18 800-262-4431 x18
