Report: “Should NJ Borrow $125M to Fund Public Library Construction?”
New Jersey voters might be asked whether the state should borrow $125 million to help finance a quarter-billion dollars a year in construction projects at public libraries.
The idea was advanced by an Assembly committee last month but still requires at least five more approvals before making the ballot, so it remains unclear if it might make this year’s ballot, next year’s or none at all.
Already the question doesn’t appear to have the same smooth sailing as a similar proposal did in 1999, when just two of 120 lawmakers voted against borrowing $45 million for library construction. Two of the first five lawmakers to vote on the plan gave it a thumbs-down, citing the state’s sizable debt.
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About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.