2020 Minimum Amount Needed to Qualify for $1_25 Per Capita (One-Third Mill) and 2019 Equalized Valuation

 
From: "NJ-PUB-LIBS" <rkeith@PROTECTED>
Subject: 2020 Minimum Amount Needed to Qualify for $1_25 Per Capita (One-Third Mill) and 2019 Equalized Valuation
Date: October 8th 2019

Dear Colleagues,

The link for the 2020 1/3 mill spreadsheet is below.  If you are unable to access it please email me and I will send it to you as an attachment:

 

https://www.njstatelib.org/wp-content/uploads/2019/10/2020_Minimum_Amount_Needed_to_Qualify_for_1_25_Per_Capita_One-Third_Mill.xls

 

Also, please be aware that a few libraries are in the enviable position of having their one third mill amounts go up over 15% this year.  N.J.S.A. 40:54-8.1 requires libraries in this position to write to the State Librarian asking for her authorization to accept funds over 15%.

 

N.J.S.A.  40:54-8.1. Limitation on increase in amount raised by taxation

Any increase in the amount raised by taxation for the municipal library as required by R.S.40:54-8 shall not exceed the total amount expended by the municipality in the previous year plus 15% of the previous year’s total expenditures for the maintenance of a free public library; except that the State Librarian is authorized to approve additional appropriations to any municipality that requests to appropriate an amount in excess of 15% of the previous year’s total library expenditures.

 

If this applies to you please write your letter and send it to me at the address below and I will pass it along to the State Librarian.

Please let me know if you have any questions.

 

Best regards,

Bob Keith
Director of Library Law, State Aid, and Statistics
New Jersey State Library
P.O. Box 520
Trenton, NJ 08625
P: 609-278-2640x192
F: 609-278-2650

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