N.J. Admin. Code § 15:21-5.5

Current through Register Vol. 56, No. 21, November 4, 2024

Section 15:21-5.5 - Priorities for the receipt of construction grants

(a) General provisions for priorities for the receipt of construction grants shall include the following:

1. Those applications properly submitted and found to be in an approvable form shall first be assigned to one of two priority groupings as described in this section. All applications of the first priority fulfilling the criteria of these rules shall be awarded grants before applications of the second priority are funded. Availability of funds and number of applications within each priority grouping shall, within any one fiscal year, determine the projects to be funded.

2. Within each of the two priority groupings, all applications shall be ranked in terms of ability to pay by the municipalities and counties. The ratio of the average equalized valuation [FN] of the three years preceding the date of the application to the population estimate of the municipality(ies) or county(ies) by the New Jersey Department of Labor for the year preceding the date of application shall be used as the criterion determining this financial ability. The first grant within each priority grouping shall be awarded that applicant demonstrating the least financial resources through the lowest ratio of equalized valuation to population. Each succeeding grant shall be awarded to the remaining applicant whose ability to pay is lowest.

[FN] Equalized Valuation as listed in the "Certification of Table of Equalized Valuations" promulgated annually on October 1, by the Division of Taxation, New Jersey Department of Treasury.

i. First priority in award of grant shall be given to applications by municipal, joint or county libraries.

ii. Second priority in award of grant shall be given to applications by association libraries.

(b) Any previous recipient of a construction grant shall be placed automatically in the second priority and be ranked last in the priority for two fiscal years succeeding the fiscal year in which the grant was awarded, after which time it shall resume its normal status.

(c) There shall be no grant for a specific building within five fiscal years from the fiscal year in which a library construction grant previously was awarded.

N.J. Admin. Code § 15:21-5.5

As amended, R.1983 d.198, eff. 6/6/1983.
See: 15 New Jersey Register 196(a), 15 New Jersey Register 890(c).
Deleted old (b); old (c) renumbered new (b).
Amended by R.1990 d.179, effective 3/19/1990.
See: 21 New Jersey Register 3822(a), 22 New Jersey Register 921(c).
Recodified from 6:68-5.6 and amended by R.1995 d.290, effective 6/5/1995.
See: 27 New Jersey Register 620(a), 27 New Jersey Register 2202(a).