New York City's fiscal crisis that never was

Ten months ago, Mayor Eric Adams warned of the need for “painful” cuts to the city’s budget, affecting everything from early education to trash pickup. He spoke of a looming fiscal crisis spurred by the cost of caring for tens of thousands of migrants flooding the city from the Texas border. Turns out, those fears were dramatically overstated. Spending on migrants leveled off after the city began limiting their stays, and an economic recession that was poised to curb tax revenues never materialized. On Sunday, the City Council finalized a $112 billion budget for the fiscal year that started Monday that restores hundreds of millions of dollars in cuts that Adams once said were necessary to help address a $7 billion deficit that’s since been wiped away.It marks a fourth year that the city’s official revenue projections were markedly underestimated. It also comes after months of contention between officials over a disruptive round of cuts already implemented in November. The New York Public Library, which suspended its Sunday service, pleaded for donations to help offset the loss in funding, while some museums and cultural institutions that rely in part on the city struggled to maintain staff and programming.“The smaller organizations, some of them were just devastated,” said Lucy Sexton, the executive director of New Yorkers for Arts and Culture. She cited Kyoung’s Pacific Beat, a small theater reliant on public funding, which dissolved itself earlier this year. “Many got... Continue reading at 'Crains New York'

[ Crains New York | 2024-07-02 19:33:04 UTC ]

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Library Community Mourns John Eldred, Pioneering Founder of Midwest Tape

John Eldred, president and owner of Midwest Tape, died on May 27. In a thoughtful remembrance shared with PW, Jeff Jankowski, Eldred's partner for over 30 years at Midwest Tape, recalled Eldred as a beloved friend who combined his passion for libraries with his love for history, movies,... Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-11 04:00:00 UTC ]
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New York Legislature Passes Library E-book Bill

New York this week became the second state to pass a bill that would ensure public libraries the right to license and lend e-books that are available to consumers in the state. The bill is now headed to governor Andrew Cuomo's desk. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-11 04:00:00 UTC ]
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Where Is Our Spotify for Books?

Libraries traditionally played a Spotify-esque role for physical books, but legal barriers have made it largely impossible to do with e-books. Continue reading at Slate

[ Slate | 2021-06-07 09:40:00 UTC ]
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Maryland Library E-book Bill Becomes Law

The new law requires any publisher offering to license "an electronic literary product" to consumers to also offer to license the content to public libraries on "reasonable" terms. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-01 04:00:00 UTC ]
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Libraries are crowdfunding an open access collection of American prison newspapers.

Here’s an incredible archival project you might not know about: Reveal Digital is partnering with academic and public libraries to fund an expanding, open access collection of American prison newspapers. “American Prison Newspapers, 1800-2020: Voices From The Inside” is collecting and digitizing... Continue reading at Literrary Hub

[ Literrary Hub | 2021-05-28 17:24:30 UTC ]
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Bodour Al Qasimi Launches Her Book at Sharjah Children’s Book Fair

The new release is 'World Book Capital' and proceeds from is sales go to damaged bookshops and libraries in Gaza. The post Bodour Al Qasimi Launches Her Book at Sharjah Children’s Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-05-26 19:57:39 UTC ]
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U.S. Book Show: Why America Needs Libraries Now More than Ever

In his May 25 keynote at the U.S. Book Show's Libraries Are Essential program, author and sociologist Eric Klinenberg called libraries "the best exemplars of our collective life," arguing that strong libraries will be key to the nation's recovery after a historically challenging year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-25 04:00:00 UTC ]
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ACE announces details of £42m fund to boost libraries and creative projects

Arts Council England has announced the details of a £42m fund to boost local libraries, creative projects and museums across the country. Continue reading at The Bookseller

[ The Bookseller | 2021-05-24 06:43:36 UTC ]
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Amazon Publishing, DPLA Ink Deal to Lend E-books in Libraries

The deal represents a major step forward for the digital library market. Not only is Amazon Publishing finally making its digital content available to libraries, the deal also gives libraries a range of models through which it can license the content. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-18 04:00:00 UTC ]
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U.S. Book Show: Libraries Are Essential

The U.S. Book Show’s opening seminar will offer attendees a look at challenges and opportunities for libraries in 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-14 04:00:00 UTC ]
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YLG to host first Great Northern Meet-Up conference

The Youth Libraries Group (YLG) is partnering with Children’s Books North (CBN) for the first Great Northern Meet-up virtual conference this week.   Continue reading at The Bookseller

[ The Bookseller | 2021-05-10 17:33:22 UTC ]
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Germany’s Knowledge Unlatched Starts Its 2021 Open Access Funding Round

Knowledge Unlatched seeks cooperation from a widening array of libraries in converting more agreements and titles to open access. The post Germany’s Knowledge Unlatched Starts Its 2021 Open Access Funding Round appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-05-04 15:14:44 UTC ]
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Fund These Classroom Libraries to Show Teachers Some Appreciation!

For Teacher Appreciation Week, help fund these classroom library and literacy projects in deserving classrooms! Continue reading at Book Riot

[ Book Riot | 2021-05-03 10:42:00 UTC ]
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Bookish Exteriors: Libraries That Look Like Books

Love books? How about libraries? These libraries that look like books combine two of every readers' favorite things in bookish architecture. Continue reading at Book Riot

[ Book Riot | 2021-04-29 10:32:00 UTC ]
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Parker to Retire, Childs Promoted in 'Major' Restructuring of PRH Library Team

Penguin Random House senior v-p Skip Dye said the move to unify the publisher's library sales and library marketing groups will foster "even more mutually advantageous and enjoyable relationships with our libraries and librarians nationwide." Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-22 04:00:00 UTC ]
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Be more Welsh

When Book Trust asked Firefly to support the UK Children’s Laureate campaign to increase funding for primary school libraries, I was delighted. Not just because I went to a school with a library, and sneaking off there on a rainy break-time was one of the treats of my school day! I also hoped... Continue reading at The Bookseller

[ The Bookseller | 2021-04-19 21:31:38 UTC ]
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L.A. County and city libraries will reopen soon. Here's what to expect

Face masks and social distancing will be enforced. Signs will direct foot traffic, and furniture and bookshelves have been reorganized. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-04-16 15:00:47 UTC ]
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PRH Extends Temporary E-book, Digital Audio Terms for Libraries

Under the terms of its program, which PRH began more than a year ago, libraries have the option to license e-books and digital audio for one-year terms at a 50% prorated price as an alternative to the existing two-year term (for e-books) or perpetual access (for digital audio). Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-08 04:00:00 UTC ]
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The ‘GLLI’ Translated YA Book Prize Announces 2021 Brazilian Co-Winners

The Global Literature in Libraries Initiative names two winners for 2021, both translated from Brazilian Portuguese by Larissa Helena. The post The ‘GLLI’ Translated YA Book Prize Announces 2021 Brazilian Co-Winners appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-07 07:20:38 UTC ]
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International Students, Scholars Have Access to NYU’s Pilot With ProQuest

The ProQuest-NYU Libraries project is available to thousands of international students and scholars during its pilot until August 31. The post International Students, Scholars Have Access to NYU’s Pilot With ProQuest appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-07 04:12:31 UTC ]
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