From the BBC:
Libraries NI said the move was due to a 5% reduction in its budget allocation compared to 2016/17.
The baseline budget has been cut from £27.7m in 2016-17 to £26.3m in 2017-18.
As a result, it plans to make savings of £1.4m this year by reducing the amount of money spent on books, other stock, staff and maintenance.
According to figures seen by the BBC, their plans include spending almost £500,000 less on books and other stock.
Read the Complete Article
Much More in this Official Announcement from Libraries NI
See Also: About One Week Ago Libraries NI Announed a “Rise in Library Use in Northern Ireland”