Sunday, November 16, 2025
DIGESTWIRE
Contribute
CONTACT US
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
DIGESTWIRE
No Result
View All Result
Home Breaking News

Bucksport library is at a financial tipping point

by DigestWire member
April 16, 2025
in Breaking News, World
0
Bucksport library is at a financial tipping point
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Over the past four years, Buck Memorial Library has expanded its programs, services and the items it carries. It now provides regular children’s programs, events, new books, DVDs, games, computer access for seniors, internet for remote workers and social services. When cruise ships come to town, it becomes a makeshift visitor center.

The expansion has followed Bucksport’s redevelopment in the decade since its paper mill closed, as the town attracts young families and people who work remotely or outside of town. Other segments of its population are aging or have limited resources and rely on the library to bridge the gap.

Buck Memorial has depended on grants, fundraising and the interest on its endowment for most of its budget, plus annual contributions from the towns of Bucksport, Orland and Verona Island.

But now, when combined with historical underfunding, that business model is no longer enough to fund the library’s increased offerings, according to director Lisa Ladd. Without more municipal help, it will have to dip into its endowment and jeopardize its future, she told towns in a January letter.

“[Libraries] are doing so much more, as is appropriate,” she said. “But all of that comes with a cost.”

The financial challenges of the Bucksport library are another example of how Maine towns are struggling amid a difficult budget season that has forced them to weigh community resources against basic services. Adding to the dilemma are changes in federal funding sources and more unique local issues.

Bucksport and Orland are preparing for tax increases as they look to take ownership of dams the former paper mill’s successor wants to abandon. And Verona Island voters recently turned down an additional $1,500 contribution to the library at their annual town meeting.

Buck Memorial receives less municipal funding than most other Maine libraries its size, according to state data. As its programming has grown to meet today’s needs, expenses are also increasing for books and supplies.

“Historically, this library … was not serving everyone in the community,” Ladd said. “There was a really great need to provide services and programming for families, especially, but also intergenerational programs. We definitely have done that.”

She was hired four years ago as its first credentialed director and has modernized and digitized operations. With more than 2,000 registered patrons and counting, that means needs are growing every day, she said.

The rising cost of books is one part of Bucksport’s public library’s need for additional funding to avoid cutting services. It has an endowment, but has already dipped into it twice for projects related to its aging building. Credit: Elizabeth Walztoni / BDN

But asking for more money is difficult in an area where many residents have limited disposable income and town budgets are already strained, she said.

Without additional town funding, the Bucksport library will likely have to start charging nonresidents for cards and cut back hours, programs, books and materials. Ladd expects the doors will stay open, but if the library had to run off its endowment alone, she estimates it would close in eight to 10 years.

“It goes so against everything in my profession to limit access or cut hours or cut programs,” she said. “But the fiscal realities that we, as a nation, are facing right now are basically forcing that hand.”

Nationwide uncertainty about federal grants and Trump administration cuts to federal and state library program funding has added more urgency.

Through the Maine State Library, the Institute for Museum and Library Services provided access to interlibrary loans, internet access and digital subscriptions to e-books, audiobooks and research sites, according to a letter that several Hancock County library directors recently wrote to state lawmakers.

Locally, the three towns currently contribute between $0.28 and $2.76 per person toward Buck Memorial each year. Ladd wants to see that number gradually increase to $12 each by 2028. That would more than double town input to about $92,000, from roughly $34,000 last year.

Ladd has also asked neighboring Stockton Springs and Prospect to contribute, and the library is starting to develop a strategic plan.

Its requests have met with limited success so far. After Verona Island voters said no to raising additional funds, Bucksport and Orland have yet to vote on their budgets this year, but some local officials have suggested in public meetings that the library rely on its endowment instead.

Once around $2 million, that endowment has taken a hit from stock market volatility. The library has also already dipped into it twice for major projects, according to Ladd. It can’t save the library.

“I really am hoping, after all the good work that we have done here, that we are not going to go backwards when I retire,” she said. “Which could potentially happen if we don’t get the financial commitments that we need.”

Read Entire Article
Tags: BangordailynewsBreaking NewsWorld
Share30Tweet19
Next Post
Letter: Unlike Jared Golden, I’m concerned about financial security

Letter: Unlike Jared Golden, I’m concerned about financial security

The days of ‘Canadian cash at par’ are likely over for good

The days of ‘Canadian cash at par’ are likely over for good

Analysis: UMaine has earned its status as the top university for hockey goalies 

Analysis: UMaine has earned its status as the top university for hockey goalies 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result
Coins MarketCap Live Updates Coins MarketCap Live Updates Coins MarketCap Live Updates
ADVERTISEMENT

Highlights

West Indies bowl; NZ bring back Henry and Jamieson

‘A Very Jonas Christmas Movie’ Review: A Trifle of a Holiday Musical, and a Bit Cringe, Which All Adds Up to a Guilty Pleasure

Robert Kiyosaki Confirms $250K Bitcoin Target, Plans More BTC Buys Post Crash

Analyst Breaks Down Why There Can’t Be 7 Million XRP Holders

Dan McGrath, Emmy-Winning Writer for ‘The Simpsons,’ Dies at 61

10 Factors Shaping Bitcoin’s Fate: 5 Reasons It Could Rebound — and 5 That Could Drag It Lower

Trending

Crypto index ETFs will be the next wave of adoption — WisdomTree exec
Blockchain

Crypto index ETFs will be the next wave of adoption — WisdomTree exec

by DigestWire member
November 16, 2025
0

WisdomTree’s Will Peck said that crypto index ETFs will solve the need for

SEC Signals Faster Crypto ETF Paths—Analyst Highlights XRP ETFs Next

SEC Signals Faster Crypto ETF Paths—Analyst Highlights XRP ETFs Next

November 16, 2025
Is Head’s form a worry? How the Australians have prepared for the Ashes

Is Head’s form a worry? How the Australians have prepared for the Ashes

November 16, 2025
West Indies bowl; NZ bring back Henry and Jamieson

West Indies bowl; NZ bring back Henry and Jamieson

November 16, 2025
‘A Very Jonas Christmas Movie’ Review: A Trifle of a Holiday Musical, and a Bit Cringe, Which All Adds Up to a Guilty Pleasure

‘A Very Jonas Christmas Movie’ Review: A Trifle of a Holiday Musical, and a Bit Cringe, Which All Adds Up to a Guilty Pleasure

November 16, 2025
DIGEST WIRE

DigestWire is an automated news feed that utilizes AI technology to gather information from sources with varying perspectives. This allows users to gain a comprehensive understanding of different arguments and make informed decisions. DigestWire is dedicated to serving the public interest and upholding democratic values.

Privacy Policy     Terms and Conditions

Recent News

  • Crypto index ETFs will be the next wave of adoption — WisdomTree exec November 16, 2025
  • SEC Signals Faster Crypto ETF Paths—Analyst Highlights XRP ETFs Next November 16, 2025
  • Is Head’s form a worry? How the Australians have prepared for the Ashes November 16, 2025

Categories

  • Blockchain
  • Blog
  • Breaking News
  • Business
  • Cricket
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Football
  • Founders
  • Health Care
  • Opinion
  • Politics
  • Sports
  • Strange
  • Technology
  • UK News
  • Uncategorized
  • US News
  • World

© 2020-23 Digest Wire. All rights belong to their respective owners.

No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Blockchain
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Strange
  • Blog
  • Founders
  • Contribute!

© 2024 Digest Wire - All right reserved.

Privacy Policy   Terms and Conditions

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.