New Jersey Public Question 1, the Bonds for Public Libraries Measure, is on the ballot in New Jersey as a legislatively referred bond question on November 7, 2017.[1]
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A "yes" vote supports authorizing the state to issue $125 million in bonds to provide grants to public libraries. |
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A "no" vote opposes authorizing the state to issue $125 million in bonds to provide grants to public libraries. |
The state librarian, with approval of the president of Thomas Edison State University, would develop the eligibility criteria for libraries to receive grants. Grants would cover 50 percent of the cost of projects. The other 50 percent would be provided by a library's local government. Private donors would be allowed to contribute toward the 50 percent provided by a local government.[1]
What this means: Question 1 on the November 7 general election ballot will let voters decide on the NJ Library Construction Bond Act. The referendum would authorize raising $125 million through bonds to be used on renovation and construction projects for public libraries. The proceeds will be used to provide grants to public libraries that will cover 50% of the cost for construction and renovation projects. The state will repay the bonds out of state revenues and not through local property taxes.
More information available on BallotPedia.
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