Slide 13 of 31:

School District Public Library; Steps for Creating (continued):

6. If resolution passes, elected trustees take office and within one month file for charter

7. If the new library district replaces an existing library, the old library is dissolved by submitting paperwork to Regents and assets transferred to new entity

8. Once Charter is received, Library Board applies for registration

9. School District will collect the tax money and turn funds over to new Library Board. School Board has no control over Library

10. Annual funding remains unchanged until library board places proposition on ballot to increase the amount. Library Board can set the time and place for future budget votes