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New loan rules

presentation to staff on the new loan rules

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New loan rules

  1. 1. Loan Rules and 1.9 Million Circulations A big piece to the puzzle by Kayci Barnett By PresenterMedia.com
  2. 2. Summary of Presentation Key Result – 1.9 Million Circulations Loan Rules – How can we enhance access and increase use? New Loan Rules to achieve goal Goal Formula – Using math to determine new limits and planned change Loan Rules Formula Recommended Questions?
  3. 3. Why 1.9 million?
  4. 4. Purchasing Policies Many pieces to the puzzle to increase circ. Marketing Your Ideas!
  5. 5. Why do we have loan rules?
  6. 6. 2013 Circulation 0% 5% 10% 15% 20% 25% Avg. 19% Under Goal % Under
  7. 7. Loan Rules-Current Material Type Loan Period Hold Hold Limit Renewable Overdue Fees per item Limit Books, Audio Books, Magazines (except current issues) 21 days this item has a 3 day grace period Yes 25 *twice 10¢/day max. $3.00 50 Storytelling Kits (CSAT) 21 days this item has a 3 day grace period Yes 25 *twice 10¢/day max. $3.00 5 Puppets 21 days this item has a 3 day grace period Yes 25 *twice 10¢/day max. $3.00 5 TV Shows, Nonfiction (DVD) 14 days this item has a 3 day grace period Yes 25 *twice 10¢/day max. $3.00 5 High-demand movies and Blu-Ray movies 7 days this item has a 1 day grace period Yes 25 *twice $1/day max. $10.00 5 Music on CD 7 days this item has a 1 day grace period Yes 25 *twice 10¢/day max. $3.00 5 Video Games 7 days this item has a 1 day grace period Yes 25 No 50¢/day max. $10.00 2
  8. 8. How can we reach our goal? It’s easy, every customer checks out 4 more items per year! 400,000 items 97,000 customers
  9. 9. New Loan Rules – Simple from 7 rules to 2 Material Type Loan Period Limit Hold Limit Renewable Overdue Fees Grace All Items 100 combined 25 6 – 1 courtesy renewal $.10/day max $3 3 day Books, Audio Books, Magazines (except current issues) Playaway Audio, puppets 21 days 50/ea No fines or damage fees for children’s picture books (JE) and Board Books (BB) if returned. Media: DVDs, CDs, VideoGames, Playaway Views 7 days 15/ea
  10. 10. 1 Courtesy Renewal
  11. 11. 5 Manual Renewals 5
  12. 12. 3 Day Grace 3
  13. 13. Fines 10¢/day $3 max* 10¢/day *No fines for children’s picture books or board books. To encourage early literacy so that parents will not fear letting their young kids handle books.
  14. 14. HI-DEMAND • Limit 5 • $1/day max $10 • 7days/1day grace • Off the Shelf 38% • Limit 5 • $.10 max $3 • 14 day/3day grace • Off the Shelf 27% TV-SERIES Combine Hi Demand and TV Series DVDs make up 60% or our circulation but are limited to only 5 high demand and 5 TV series 2 The New Combined DVD Rule •Limit of 15 no matter the type. •Check out period 1 week.
  15. 15. New Loan Rules – Beginning April 1st No Foolin’ Material Type Loan Period Limit Hold Limit Renewable Overdue Fees Grace All Items 100 combined 25 6 – 1 courtesy renewal $.10/day max $3 3 day Books, Audio Books, Magazines (except current issues) Playaway Audio, puppets 21 days 50/ea No fines or damage fees for children’s picture books (JE) and Board Books (BB) if returned. Media: DVDs, CDs, VideoGames, Playaway Views 7 days 15/ea
  16. 16. Loan Rules-Current Material Type Loan Period Hold Hold Limit Renewable Overdue Fees per item Limit Books, Audio Books, Magazines (except current issues) 21 days this item has a 3 day grace period Yes 25 *twice 10¢/day max. $3.00 50 Storytelling Kits (CSAT) 21 days this item has a 3 day grace period Yes 25 *twice 10¢/day max. $3.00 5 Puppets 21 days this item has a 3 day grace period Yes 25 *twice 10¢/day max. $3.00 5 TV Shows, Nonfiction (DVD) 14 days this item has a 3 day grace period Yes 25 *twice 10¢/day max. $3.00 5 High-demand movies and Blu-Ray movies 7 days this item has a 1 day grace period Yes 25 *twice $1/day max. $10.00 5 Music on CD 7 days this item has a 1 day grace period Yes 25 *twice 10¢/day max. $3.00 5 Video Games 7 days this item has a 1 day grace period Yes 25 No 50¢/day max. $10.00 2
  17. 17. The new loan rules can only succeed with your help! 1.9 million Circs for 2014!

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