State Aid Funding Formula Study

The Library Board of Rhode Island formed the State Aid Funding Formula Review Committee per the Board's bylaws at its April 2016 meeting to review the current Grant-in-Aid funding formula defined in RI General 29-6-2. The committee was charged to determine if:

1. The LBRI should endorse a change in the statute or to recommend that the statute not be changed.
2. Regardless as to the recommendation requested in Goal 1, bring the LBRI a minimum of one recommendation of altering the existing formula to align the funding in keeping with the overall mission of OLIS in providing superior library services to all Rhode Islanders.

The committee presented its report to the Library Board of Rhode Island at its December 19, 2016 meeting. The Board voted to accept the report at its meeting on January 9, 2017. The full report is available below, or read the summary of the report's findings.

Report and Supporting Documents

• Report on Recommended Alterations to the State Grant-in-Aid Funding Formula (29 pages)
• Report Summary
• State Grant-in-Aid Funding Formula Report Summary (2 pages)
• Supporting Data
  
  Data has been compiled from the following sources and is intended for informational purposes for this report only. Those interested in using this data for purposes outside this report are encouraged to review the original data on the following websites:
  • Providence Plan Community Profiles
  • RI Division of Municipal Finance, especially Municipal State Aid FY 2015 Final Revised and FY 2016 Enacted
  • RI Division of Planning Census Data