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Building the 21st Century Library

Funding Options. Building the 21st Century Library. Prepared by: Anne Cain, Contra Costa County Library Anne Campbell, National City Public Library. FUNDING OPTIONS. Options include three levels of government and private sources: Government Federal State Local

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Building the 21st Century Library

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  1. Funding Options Building the 21st Century Library Prepared by: Anne Cain, Contra Costa County Library Anne Campbell, National City Public Library

  2. FUNDING OPTIONS • Options include three levels of government and private sources: • Government • Federal • State • Local • Public/Private partnership and joint ventures • Private resources: • Capital campaign • Grants In last 25 years, 80% of all funding for public library construction has come from local public and private funding.

  3. FEDERAL • Federal funding is on the decline and is not a likely source. • LSCA changed to LSTA • CDBG funds (San Diego Malcolm X; Fresno County branches; Kern County branches) • NEH Challenge grants

  4. STATE • Prop 14- $350 million in state bonds for public library construction • Grants will be competitive • California Infrastructure and Economic Development Bank • Revolving loan program

  5. LOCAL • General Funds appropriations (excise tax used in Vacaville) • Developer Fees (South Chula Vista; Temecula), developer agreements (San Diego City branch; Oceanside Public) • Mello-Roos (Yolo County Davis branch; Orange County branches and Oakland Public Rockridge branch) • Redevelopment Agencies

  6. LOCAL • General Obligation bonds, require local ballot measure and 67% approval (Santa Clara County; Oakland; Palos Verdes; etc.) • Tax Increment Financing (Sacramento Public Library) • Special financing districts (San Diego City uses facility benefit assessment districts for new growth) • Lease-purchase agreements (Kern County; Los Angeles County; Orange County) • Certificates of Participation (Oxnard)

  7. CAPITAL CAMPAIGN • Public/Private partnerships and joint ventures • Grants: • Organizations • Corporations • Foundations • Private donations: • Single-benefactor gift • Capital Campaign

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