ALA Treasurer Maggie Farrell writes: “It feels like a lifetime ago that we discussed at the 2020 Midwinter Council meeting the financial concerns of the Association. And then the pandemic hit, affecting our conferences, meetings, and economy. The combination of fewer in-person engagements, flat membership numbers, budget deficits, rising costs, and ongoing societal issues is impacting every member association. However, as we start 2022—and as my term as ALA treasurer winds down—I have much good news to share regarding ALA’s financial situation.”