"The opening hours of the Library of Birmingham are to be cut from 73 to 40 and this could lead to the loss of a 100 jobs. Less will be spent on new books and the support the LoB gives to Community Libraries will be cut. Access to the Library at Home service will continue to be restricted to existing users. The budget cut for 2015-16 is £1.5m but this rises to £3.3m in the next financial year. The current cost of running Library of Birmingham is £22m a year including the debt repayment, noting that the overhead debt repayment will continue to be paid with a much diminished service.
Community Libraries will have to contribute towards cuts of £4.2m from the budget for District services. Immediately District Committees will have to consider the opening hours of each library and make reductions in the book fund."
The campaign against library closures, cuts and privatisation in Birmingham has been brilliantly led by the Friends of the Library of Birmingham (@FoLoB_) and by Jolyon Jones (@JonesFearless) et al, see;
Kerslake Review: £188 Library of Birmingham contributing to council's debtnew £188 million Library of Birmingham has been identified as a factor in Birmingham City Council’s spiralling debt problems in the Kerslake Review.
The report says that a failure to secure external sponsorship or raise sufficient money from land sales led to the authority borrowing most of the £188 million construction and set up cost.
In addition the review highlights that the library costs £10 million a year to run."