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Library director says proposed FY2020 budget meets state municipal appropriation requirement but leaves material funding gap
Summary
Library Director Amy told the finance committee the library’s FY2020 request preserves eligibility for state aid but will require roughly $18,000 from state aid, gifts or grants to meet the 16% materials-spending rule.
Amy, the library director, told the joint finance session the library’s FY2020 budget “will allow us to meet the municipal appropriation requirement,” a threshold the library must meet to qualify for state aid.
The requirement matters for funding and services. “We get local aid, so there's cherry sheet money associated with it when we meet the municipal appropriation requirement,” Amy said, adding that state-aid participation also enables reciprocal borrowing with neighboring towns and access to grant opportunities.
Nut graf: The library’s requested town appropriation covers some operating costs but, under the state program’s 16% materials rule, the library will need to spend about $59,000 on materials this year; the requested town appropriation for…
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