(a) (1) The entire capital and operating cost of the minimum library program for this State as a whole shall be shared as provided in this subsection.

(2) The State shall provide:

(i) Approximately 40 percent of the total cost of the minimum program; and

(ii) Not less than 20 percent of the cost of the minimum program in any county.

(3) The counties participating in the program together shall provide through local taxes approximately 60 percent of the total statewide cost of the minimum program.

(b) (1) Each county public library system that participates in the minimum library program shall be provided for each resident of the county, to be used for operating and capital expenses:

(i) For each of fiscal years 2011 through 2015 – $14.00;

(ii) For fiscal year 2016 – $14.27;

(iii) For fiscal year 2017 – $14.54;

(iv) For fiscal year 2018 – $15.00;

(v) For fiscal year 2019 – $15.50;

(vi) For fiscal year 2020 – $16.00;

(vii) For fiscal year 2021 – $16.43;

(viii) For fiscal year 2022 – $17.10;

(ix) For fiscal year 2023 – $17.50;

(x) For fiscal year 2024 – $17.90;

(xi) For fiscal year 2025 – $18.30;

(xii) For fiscal year 2026 – $18.70; and

(xiii) For fiscal year 2027 – $19.10.

(2) (i) The State shall share in this amount.

(ii) Any county may provide an amount greater than its share under the cooperative program, but the State may not share in the excess.

(c) Any employer Social Security contributions required by federal law for any employee in a county public library system shall remain the obligation of the employer.