Tuesday, October 23, 2018

New Mexico Libraries GO Bond B on the Ballot - Information for YOU, the voter


 PLEASE READ FURTHER for more detail information of WHAT GO Bond monies can (& can't) be spent on and also HOW the monies are calculated



FYI: How the MATH is done: Distributing the 2018 GO Bonds Allocations
$4,000,000 Public Libraries

1. 10% ($400,000) is taken off the top for the Library System Distribution
2. $4000 is allocated to Rural Services
3. The remaining $3,596,000 is divided up on a per capita basis to each county based 
on the latest (2016) Census county estimates.
a. $3,596,000 divided by the NM 2016 est. population of 2,081,015 = $1.7280
 per capita 
b. Each county receives $1.7280 per capita
 Example:  Lincoln County (pop. 19,429)
            19,429 * $1.7280 = $33,573.31 
 Example: Chaves County (pop. 65,282)
            65,282 * $1.7280 = $112,807.29 

4. Within each county
 Step 1:  Divide the individual library’s LSA population by the sum of the LSA 
population of all the  libraries in the county to arrive at a percentage
Step 2:  Multiply that % by the total county allocation to determine the individual
 library’s allocation.
 Example:  Lincoln County (pop. 19,429) received $33,573.31 based on $1.7280
 per capita 
 Capitan Public Library (LSA 1489) + Village of Corona Public Library (LSA 172) + 
Ruidoso Public Library (LSA 8,029) = 9,690 (sum of the libraries’ LSAs)

Capitan:  1489/9,690 = 0.1536635 x $33,573.31 = $5,158.99
Corona:  172/9,690 = 0.0177502 x $33,573.31 = $595.93 
Ruidoso:  8,029/9,690 = 0.828586 x $33,573.31 = $27,818.37  
 Example: Chaves County (pop. 65,282) received $112,807.29 based on $1.7280
 per capita 
Roswell (LSA 48,366) is the only library in the county; therefore, the library receives
 100% of the county allocation

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