Municipal Appropriation Requirement Calculation
FY2009 STATE AID TO PUBLIC LIBRARIES PROGRAM
The Municipal Appropriation Requirement (MAR) for each award year is computed using figures for the three prior fiscal years. For each of those three years that a municipality received a State Aid to Public Libraries award, the figure used will be either the MAR or Total Appropriated Municipal Income (TAMI), whichever is higher. If the municipality was not certified for State Aid to Public Libraries in any year, the actual TAMI for that year will be used.
For the FY2009 grant round:
The FY2006 figure will be either the FY2006 MAR or the FY2006 TAMI, whichever is higher. If the municipality was not certified for State Aid to Public Libraries in FY2006, the actual final FY2006 TAMI will be used.
The FY2007 figure will be either the FY2007 MAR or the FY2007 TAMI, whichever is higher. If the municipality was not certified for State Aid to Public Libraries in FY2007, the actual final FY2007 TAMI will be used.
The FY2008 figure will be either the FY2008 MAR or the FY2008 TAMI, whichever is higher. If the municipality was not certified for State Aid to Public Libraries in FY2008, the actual final FY2008 TAMI will be used.
FY2009 Municipal Appropriation Requirement Calculation:
(FY2006 + FY2007 + FY2008 ) / 3 = average of three years
average x 1.025 = FY2009 MAR (average of three years plus 2 ½ %)
Initial Approval of Policy: August 8, 1991
FY2009 Approval Date: January 3, 2008
State Aid Policies are approved annually