N.J. Admin. Code § 15:21-12.5

Current through Register Vol. 56, No. 24, December 18, 2024

Section 15:21-12.5 - Eligible municipal or joint free public library costs that may be supported with the annual mandatory library appropriation

(a) The annual mandatory library appropriation shall be expended by the library board of trustees for eligible costs as defined in this chapter.

(b) Rent may be considered an eligible cost from annual mandatory library appropriation if such rent is paid to a private entity or a school district and is comparable with the fair market value for rent in the municipality based on a cost per square footage.

(c) Capital expense paid for by the library board of trustees with funds from the annual mandatory library appropriation may be considered an eligible cost for the library board of trustees if:

1. All conditions of N.J.S.A. 40:54-1 et seq. and N.J.A.C. 15:21-2 are met;

2. There are sufficient funds remaining for the maintenance of the library for the balance of the year in which the funds are saved or the cost occurs; and

3. The library board of trustees has a written plan of at least three years that reflects that the long-term capital expense will contribute to the provision of efficient and effective library services, and that the plan will be made available to the State Librarian upon request.

N.J. Admin. Code § 15:21-12.5