Michigan Laws 397.555 – Eligibility for membership in cooperative library
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To be eligible for membership in a cooperative library, a local library shall do all of the following:
(a) Maintain a minimum local support of 3/10 of a mill on taxable value, as taxable value is calculated under section 27a of the general property tax act, 1893 PA 206, MCL 211.27a, in the fiscal year before October 1 of the year before distribution.
Terms Used In Michigan Laws 397.555
- Cooperative library: means the library or service center designated by a cooperative board to execute services established by a cooperative plan and provided to libraries participating in a cooperative. See Michigan Laws 397.552
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Local support: means funds from tax sources, gifts, endowments, penal fines, or other funds received from local sources, excluding state and federal aid as stated in this act. See Michigan Laws 397.552
(b) Participate in the development of cooperative library plans.
(c) Loan materials to other libraries participating in the cooperative library.
(d) Maintain an open door policy to the residents of the state, as provided by section 9 of article VIII of the state constitution of 1963.