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<p class="MsoNormal"><span style="mso-ascii-font-family:Calibri;mso-fareast-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:"Times New Roman";color:#1F497D">Please take a look at the calendar at the link below. It will allow you to input
funds received in one year and funds received in another and show how much lower your funding is with inflation taken into account. You can accurately show just how much more of a cut a straight percentage decline actually is. Very nice work from the State
Library of North Carolina.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="mso-ascii-font-family:Calibri;mso-fareast-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:"Times New Roman";color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="mso-ascii-font-family:Calibri;mso-fareast-font-family:"Times New Roman";mso-hansi-font-family:Calibri;mso-bidi-font-family:"Times New Roman";color:#1F497D;mso-no-proof:yes">Karren Reish
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="mso-ascii-font-family:Calibri;mso-fareast-font-family:"Times New Roman";mso-hansi-font-family:Calibri;mso-bidi-font-family:"Times New Roman";color:#1F497D;mso-no-proof:yes">Library Grants Coordinator<o:p></o:p></span></p>
<p class="MsoNormal"><span style="mso-ascii-font-family:Calibri;mso-fareast-font-family:"Times New Roman";mso-hansi-font-family:Calibri;mso-bidi-font-family:"Times New Roman";color:#1F497D;mso-no-proof:yes">Library of Michigan<o:p></o:p></span></p>
<p class="MsoNormal"><span style="mso-ascii-font-family:Calibri;mso-fareast-font-family:"Times New Roman";mso-hansi-font-family:Calibri;mso-bidi-font-family:"Times New Roman";color:#1F497D;mso-no-proof:yes">517-241-0021<o:p></o:p></span></p>
<p class="MsoNormal"><span style="mso-ascii-font-family:Calibri;mso-fareast-font-family:"Times New Roman";mso-hansi-font-family:Calibri;mso-bidi-font-family:"Times New Roman";color:#1F497D;mso-no-proof:yes"><a href="mailto:reishk@michigan.gov"><span style="color:blue">reishk@michigan.gov</span></a><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal" style="mso-outline-level:1"><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif""><br>
<b>Subject:</b> Library inflation calculator<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Hey team, <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Yesterday built this online calculator for our libraries in case they need help adjusting for inflation and per capita inflation-adjusted dollars.
<a href="http://plstats.nclive.org/stateaid_inflation_calculator.php">http://plstats.nclive.org/stateaid_inflation_calculator.php</a>. It lets them choose a historic year and input a historic $ value (could be state aid, local revenue, any money related to
running a library) and then input current day $ to compare. Optionally they can input legal service population area for the historic and current time periods. Then it gives them the percentage change their $ has seen during the given time period in inflation-adjusted
dollars, as well as per capita inflation-adjusted dollars.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Let me know if you see any errors or think it’s too confusing and needs to be further clarified in some way. Hopefully I did all the math right!<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">This could actually be used by any library in the country because the inflation index for libraries is not specific to NC, it’s a national index.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Happy Halloween!<o:p></o:p></p>
<p class="MsoNormal">Joyce<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#595959">Joyce Chapman</span><span style="font-size:13.5pt;font-family:"Segoe UI","sans-serif";color:#595959"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#595959">Communications and Data Analysis Consultant</span><span style="font-size:13.5pt;font-family:"Segoe UI","sans-serif";color:#595959"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#595959">State Library of North Carolina</span><span style="font-size:13.5pt;font-family:"Segoe UI","sans-serif";color:#595959"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#595959">4640 Mail Service Center</span><span style="font-size:13.5pt;font-family:"Segoe UI","sans-serif";color:#595959"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#595959">Raleigh, NC 27699-4640</span><span style="font-size:13.5pt;font-family:"Segoe UI","sans-serif";color:#595959"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#595959">Phone: 919-807-7421 | Fax: 919-733-8748</span><span style="font-size:13.5pt;font-family:"Segoe UI","sans-serif";color:#595959"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><a href="https://mail.nc.gov/owa/redir.aspx?C=6e03774f01464579a52f298db758e3c0&URL=mailto%3ajeffrey.hamilton%40ncdcr.gov" target="_blank"><span style="color:purple">joyce.chapman@ncdcr.gov</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><img border="0" width="401" height="90" id="Picture_x0020_1" src="cid:image003.png@01CED63D.DB9E0B00" alt="signature_images"><span style="font-size:13.5pt;font-family:"Segoe UI","sans-serif";color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:gray">E-mail correspondence to and from this address may be subject to the North Carolina Public Records Law "NCGS.Ch.132" and may be disclosed to third parties by an
authorized state official.</span><span style="font-size:13.5pt;font-family:"Segoe UI","sans-serif";color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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