N.M. Code R. § 4.5.2.8

Current through Register Vol. 35, No. 11, June 11, 2024
Section 4.5.2.8 - DEVELOPING LIBRARY GRANT
A.Purpose: To supplement an eligible developing library's budget for up to five years until it meets the minimum requirements for a public library grant.
B.Description: The developing library grant funds shall be used for library collections, library staff salaries, library staff training, library equipment, or other operational expenditures associated with delivery of basic library services.
C.Criteria for reviewing and awarding developing library grants: The state library shall award developing library grants to developing libraries that meet or exceed the following criteria.
(1) timely submission of an annual report with the state library;
(2) receipt of no more than five, consecutive, awards of developing library grants;
(3) continuous operation for at least nine months;
(4) demonstration of receipt of financial support from sources other than the state. In particular, matching funds in relation to the population of the library's legal service shall be at least $0.25 per person in its first year and any non-consecutive years of developing library grant application participation; $0.50 per person in its second consecutive year; $0.75 per person in its third consecutive year; $1.00 per person in its fourth consecutive year; and $1.25 per person in its fifth consecutive year;
(5) maintenance of adequate financial and other records to support the library's eligibility for receiving library grants; the state library may audit such records annually, or as needed, as determined in the state library's sole discretion;
(6) compliance with all state statutes and rules;
(7) compliance with requirements for developing library grants;
(8) employment of a designated director;
(9) creation of a library board that meets at least two times a year and adheres to the state's open meetings law; and
(10) successful expenditure of all developing library grant funds during the prior fiscal year, if applicable.

N.M. Code R. § 4.5.2.8

4.5.2.8 NMAC - Rp, 4.5.2.14 NMAC, 7/1/2009; A, 6/15/2010, Adopted by New Mexico Register, Volume XXVII, Issue 10, May 31, 2016, eff. 6/1/2016