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Page 5 of 5 <br />FINANCIAL STATEMENT <br />• Revising the Materials Recovery Policy to remove the 90-day lost item refund provision <br />will save staff time, allowing reallocation of staff to materials handling and administrative <br />work. <br />• The introduction of printing, photocopying, scanning, and meeting room rental fees, as <br />outlined under the Master Fee Schedule, is expected to generate revenue for the <br />Library and support ongoing cost recovery efforts. <br /> <br /> <br />Prepared by: <br /> <br /> <br />Lia Bushong, Assistant Director of Library and Recreation <br /> <br />Attachments: <br />1. Materials Recovery Policy (2023) <br />2. Current Master Fee Schedule Section D. Library Fine and Fee Schedule <br />3. Proposed Materials Recovery Policy <br />4. Proposed Master Fee Schedule <br />5. Meeting Room Rules/ Reservation Packet <br /> <br />Page 10 of 39