DRAFT Explanation



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 - $5194.80/library

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 (2017) Census county estimates.

a. $3,596,000 divided by the NM 2017 est. population of 2,088,070 = $1.7222 per capita

b. Each county receives $1.7222 per capita

             Example:  Lincoln County (pop. 19,395)

            19,395 * $1.7222 = $33,402

            Example: Chaves County (pop. 64,866)

            64,866 * $1.7222 = $111,710

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. 19,395) received $33,401 based on $1.7222 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 $33,401 = $5,132.51 + $5194.80 = $10,327

Corona: 172/9,690 = 0.0177502 x $33,401 = $592.87 + $5194.80 = $5788

Ruidoso: 8,029/9,690 = 0.828586 x $33,401 = $27,675.43 + $5194.80 = $32,870

Example: Chaves County (pop. 64,866) received $111,710 based on $1.7222 per capita

Roswell (LSA 48,366) is the only library in the county; therefore, the library receives 100% of the county allocation

*Based on the latest (2017) Census county estimates.

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