Funding sources allow you to define in Evergreen where a library’s budget comes from. You can specify various sources that contribute money to the total library budget. These sources may be your town, your institution, a grant, a gift or donation, whatever you need. You can see some examples of funding source setups here.

You can have just one funding source or multiple funding sources depending on what sources you want to track separately. If you don’t care to track sources separately you can have just one funding source and put all or some of your total budget into it. It is up to you.

You can use the same funding sources from fiscal year to fiscal year or you can create new funding sources each fiscal year. You can also do a combination of the two.

Below are a few examples of how funding sources (blue boxes) might be set up. The black boxes represent the funds that the funding source allocates to. The last example shows how fund tags might be used to group funds together for reporting purposes.