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LIBRARY SUPPORT AGREEMENT <br /> MEMBERSHIP IN THE YAVAPAI LIBRARY NETWORK <br /> Example: using the formula as given above with fictional values the result is as follows. <br /> Calculations for Funds Available <br /> Total Tax Revenue Collected I $ 2,500,000 <br /> Operating Costs of the DISTRICT I $ 1,000,000 <br /> Operating Costs of the NETWORK $ 300,0000 <br /> Total Funds Available I $ 1,200,000 <br /> Number of Public Libraries: 5 Total Member Library <br /> Population I 211,000 I 36,250 <br /> Assessed value I $ 200,000,000 I $ 25,000,000 <br /> Circulation 2,500,000 ( 500,000 <br /> Users I 150,000 I 25,000 <br /> Items 1,250,000 100,500 <br /> The resulting contribution for the Public Library would then be as follows: <br /> Contribution Ratios Weight Member Library Ratio* Resultant <br /> Basic Amount of (1/5) = <br /> Contribution 5% 20% $ 12,000 <br /> (36,250/211,000) = <br /> Population 5% 17% $ 10,308 <br /> (25,000,000/200,000,000)= <br /> Assessed Value 50% 13% $ 75,000 <br /> Circulation = (loans+ (500,000/2,500,000)= <br /> Inter-Library Loans) 20% 20% $ 48,000 <br /> (25,000/150,000)= <br /> Active Number of Users 10% 17% $ 20,000 <br /> Items In MEMBER (100,500/1,250,000)= <br /> LIBRARY Collection 10% 8% $ 9,648 <br /> TOTAL 100% $ 174,956 <br /> * Percentages are rounded for simplicity in this example. <br /> August 30,2012 Page 15 of 16 <br />