Current through Register Vol. 35, No. 11, June 11, 2024
Section 4.5.2.10 - DISTRIBUTION OF FUNDSThe library division shall distribute state grants in aid in the following manner:
A.Application: The annual report submitted for the immediate prior year shall serve as the developing or public library's application for state grants-in-aid.B.Allocation: For state grants-in-aid, the state library shall award at least a quarter of a share (0.25) of the annual allocation to developing libraries, one (1) share of the allocation to each public library, and one half (.50) of a share of the allocation to each branch and bookmobile.C.Notification: Following the end of the application period, the state library shall calculate the grant award for each library. The state library shall notify all eligible public libraries informing them of the amount of their grant.D.Request for payment: Each library shall return the signed grant agreement to the state library within 60 days of receipt of the agreement measured from the postmark or electronic postmark. Upon timely receipt of the grant agreement, the state library shall process a payment request form. If a library does not submit the grant agreement within the required time period, it forfeits the grant award.
E.Maintenance of effort: A library's local budget shall not be reduced by its governing body as a result of eligibility for the state aid program. Upon demonstrated evidence that such a reduction has occurred, the library shall be ineligible to receive funds from the library grants award for one year after the reduction has occurred.4.5.2.10 NMAC - Rp, 4.5.2.15 NMAC, 7/1/2009; A, 6/15/2010, Adopted by New Mexico Register, Volume XXVII, Issue 10, May 31, 2016, eff. 6/1/2016