Rare Public Library Problem – Too Much Money

stevenj writes “In New Jersey, where public library funding is based on an age-old state law requiring that a fixed percentage of local taxes go to libraries, skyrocketing real estate values of homes in seaside resort towns has created piles of unspendable cash for the local libraries. Now some politicians are saying the law should be changed to return the surplus back to the taxpayers. Meanwhile, inland libraries in economically depressed towns are wondering why they can’t get a share of their richer shore cousins’ budgets. Read more at:
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