20200729-003a: Allow Libraries to Perform Limited Financial Services — original pdf

Recommendation

COMMISSION RECOMMENDATION Human Rights Commission Recommendation Number 20200729-003a: Recommendation to Address Under-banking by Allowing City Libraries to Perform Limited Financial Services WHEREAS, Under-banking is a serious detriment to working people’s ability to build and grow wealth; and, WHEREAS, Online banking services and digital commerce are becoming increasingly ubiquitous; and, WHEREAS, The inability to participate in digital commerce can directly impact one’s quality of life, financial and employment prospects; thus negatively impacting one’s access to human rights; and, WHEREAS, Public institutions, such as the United States Postal Service, have previously provided limited banking services to the public; and, WHEREAS, The entrance of a public enterprise with more affordable rates stimulates competition in the private sector; and, WHEREAS, The definition of what public libraries are able to lend to the public has previously been expanded (i.e. DVDs, CDs, audiobooks, etc.); and, WHEREAS, Libraries are currently, in effect, depositories of a kind; and, WHEREAS, Exclusion from banking services has been a studied and documented symptom of institutional racism and sexism; and, WHEREAS, The right to Social Security is guaranteed by the 22nd Article of the United Nations Declaration of Human Rights; and, WHEREAS, We are now facing unprecedented financial consequences due to COVID-19; and, WHEREAS, It is in the public interest to create a department within a publicly trusted institution dedicated to the financial success and prosperity of all Austin residents.