Tuesday, February 27, 2007
LSAA Board Selects a System Funding Formula
The Library Systems Act Advisory(LSAA) Board met last Friday, February 23rd. During the meeting, the LSAA Board selected a System Funding Formula to recommend to the Texas State Library and Archives Commission. The formula uses three criteria. First, it divides up 34 percent of the System Grant evenly among the Ten Systems. Thirty-three percent is allocated based on capita. The final 33 percent is divided among the Systems based on the number of member libraries in each System. NTRLS will receive $631,500 in FY08 and $548,094 in FY09 under this new formula. This is a slight increase for NTRLS over what we would have received under the old formula. The LSAA Board is looking for public comments. Please take a few moments to make comments here.