The document discusses different sources of funding for libraries, including statutory funding, lotteries, trusts and foundations, companies, and individuals. It specifically mentions that the majority of funding for schools libraries will go to their flagship Foyle Schools Library Programme, which recognizes that many school libraries are underfunded and aims to encourage children to read widely from an early age to boost literacy. Priority will be given to funding library books over textbooks, and preference will go to schools that can maintain and renew their libraries in the future.