Tue, 10 May 2022
Financial support from the Manx Government for the Family Library will be gradually reduced.
A schedule has been agreed to support the facility over the next five years with an initial grant of £125,000 to be supplied in August and then a final installment of £65,000 in August 2026.
The Government said the Family Libary would develop alternative income streams.
It will continue to contribute £475,000 to the Mobile, Children and Home Delivery Library services.
Family Library director Kurt Roosen said: ‘The Family Library is very grateful to the Treasury team in reaching a pragmatic and structured solution, and pleased that the efforts of our people are recognised as an important contributor to community wellbeing.
‘We will continue to build on that trust that has been placed in us now we have some longer term certainty in which we can properly plan ahead.’