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r <br />MAR 111991 8Pw 46 PACE 56 <br />STATE AID AGREEMENT FOR COUNTY LIBRARY <br />THE BOARD REVIEWED THE FOLLOWING MEMOS EXPLAINING THE <br />STATUS OF STATE FUNDING FOR THE LIBRARY: <br />TO: The Honorable Board of <br />County Commissioners <br />FROM: Neil A. Nelson, <br />County Administrator <br />DATE: March 5., 1981 FILE: <br />SUBJECT: Indian River County Library <br />State Aid Agreement <br />REFERENCES: <br />Secretary of State, George Firestone, has informed us that Indian River <br />County's application for 1981 State Aid Library Funds has been approved. <br />DESCRIPTION AND CONDITIONS <br />Florida Statutes provide for State assistance to counties operating <br />public library systems, under certain conditions. <br />Conditions under which the library must operate in exchange for receipt <br />of these grant funds relate to the existence of a "free Public Library" and <br />access to financial records when an audit review is deemed necessary by the <br />Florida Division of Library Services. The formula provided under section <br />257.17-19 of Florida Statutes allows for State aid of up to $.25 for each <br />dollar of local expenditure for library services during the preceding fiscal <br />year. However, due to less than full funding in the State budget, it is <br />necessary in this fiscal year, as it has been in past fiscal years, for the <br />State to prorate the reimbursement among the fifty-four eligible counties. <br />We have been advised that Indian River County's prorata share for fiscal year <br />1980-81 is $12,057.00. This figure represents 43.95;' of the amount for which <br />Indian River County qualified under the State formula. <br />The Secretary of State's Office has requested that the County execute the <br />"State Aid to Libraries Agreement", returning appropriate copies to the <br />Secretary's office. Upon receipt of the executed agreement the State will mail <br />a check for approximately 50% of the eligible funds, with the balance of the <br />funds expected for payment on or about July 1, 1981. <br />RECOMMENDATION AND FUNDING <br />The Administration recommends the Board of County Commissioners approve the <br />agreement with the State of Florida and authorize the Chairman's signature. <br />Revenues were anticipated in the current budget from this source. Failure to <br />receive these funds, due to not executing the requested agreement, will result <br />in a revenue shortfall. <br />APPROVED AGENDA ITEM �e <br />FOR ei l'SZ� Nel son, County dmini strator <br />BY r �s <br />PAGE 1 of 1 <br />56 <br />