 Posted: Fri, May 29 2009, 8:29 am EDT Post subject: NJ Library: Library Finance and State Aid |
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| I found this PowerPoint presentation on the net:
Library Finance and State Aid Presented by Patricia Tumulty, Executive Director of the New Jersey Library Trustee Association and the New Jersey Library Association, and Victoria Rosch, Deputy Director, New Jersey State Library Presented September 29, 2007 ... Local Financial Effort for Municipal Libraries * N.J.S.A. 40:54-8- the governing body shall annually appropriate and raise by taxation a sum equal to one-third of a mill on every dollar of assessable property within such municipality based on the equalized valuation of such property. * Increase to the library may be limited to 15% of the previous year’s municipal expenditure to the library. * Municipal expenditure generally comprises the largest percent of income for the library. ... http://www.njstatelib.org/LDB/Trustees/Trustee_Institute/LibraryFinanceandStateAid.ppt |
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