Our county uses only municipal operating expenditures, not full operating expenditures (minus federal expenditures) in the formula used to determine unit cost for reimbursement. Is this acceptable?
Perhaps. Your county must fund and be able to demonstrate it is funding each library at a level of at least 70% of cost using the statutory definition of full operating expenditures (minus federal expenditures). As long as this minimum level is met, the county can distribute funds according to any formula specified in the county library plan.
Related Questions
- Our county uses only municipal operating expenditures, not full operating expenditures (minus federal expenditures) in the formula used to determine unit cost for reimbursement. Is this acceptable?
- Our county uses the current year s library appropriations, not the prior year s operating expenditures in the formula used to determine unit cost for reimbursement. Is this acceptable?
- What are projections and what is the methodology used to develop them? In essence, is there a formula the County uses?
