One of the most important responsibilities of a trustee or board member is to ensure that financial resources are being used efficiently and effectively toward meeting the institution’s goals, in compliance with applicable law and regulation, and that its assets are properly safeguarded. - Statement on the Governance Role of Trustees - NY Board of Regents
Role of the Public Library Treasurer - Supplement to the Trustee Handbook
A library board meeting its fiduciary responsibilities will:
Statement on the Governance Role of a Trustee or Board Member