1. June 30

2.  Each and every member is important to the whole  Your membership and participation are valuable to us and we appreciate that this is a difficult time of uncertainty  The following information is provided based on what we know today; we are all working with many unknowns

3.  REAL program appropriation, $3.1 million ◦ Impacts REAL contract for all MOREnet services ◦ No contract can be signed until funds are released  State Aid appropriation, $3.5 million ◦ Impacts certification process ◦ Please continue to send in forms as usual  Both appropriations are restricted until funds become available

4.  MOREnet has a contingency fund for a portion of the Online Resource Databases ◦ EBSCO, Gale and LEL will be renewed for FY15; Full and Basic members will retain access ◦ Job & Career Accelerator will not be renewed for FY15 ◦ We are exploring options to retain access to Heritage Quest for FY15 and hope to share this information as soon as possible

5.  Invoicing will begin July 1 to provide you with as much notice as possible  Invoices will reflect the FY15 MOREnet rate, no REAL subsidy can be applied to any service fee  Applicable FY15 E-rate discounts will be included  Invoices terms will be Net 90

6. Public Library Tax Revenue MOREnet One-year Annual Fee REAL Member One-year Annual Fee MOREnet Three-year Annual Fee REAL Member Three-year Annual Fee $0-$24,999$1,040$190$816$136 $25,000-$74,999$1,040$540$816$416 $75,000-$124,999$1,040 $816 $125,000-$249,999$3,848$2,183$3,366$1,881 $250,000-$399,999$6,656$3,771$5,916$3,251 $400,000-$599,999$12,272$4,916$11,016$4,284 $600,000-$999,999$12,272$6,552$11,016$5,726 $1,000,000-$2,999,999$15,080$9,680$13,566$8,566 $3,000,000 or greater$15,080$12,380$13,566$11,066

7. Public Library Tax Revenue MOREnet One- year Annual Fee REAL Member One-year Annual Fee MOREnet Three-year Annual Fee REAL Member Three-year Annual Fee $0-$24,999$676$124$459$77 $25,000-$74,999$676$351$459$234 $75,000-$124,999$676 $459 $125,000-$249,999$3,120$1,770$2,652$1,482 $250,000-$399,999$5,564$3,064$4,845$2,565 $400,000-$599,999$10,452$4,107$9,231$3,511 $600,000-$999,999$10,452$5,485$9,231$4,694 $1,000,000-$2,999,999$12,896$8,196$11,424$7,124 $3,000,000 or greater$12,896$10,546$11,424$9,274

8.  Upgrade orders currently in process are being placed on hold where possible ◦ MOREnet will contact you directly to discuss your preference on continuing with the upgrade or not  New upgrade requests will be at the member’s cost

9.  Membership Services, For-Fee Services and Connectivity are all separate service decisions  Most connections carry an early termination fee (ETP), typically equivalent to the Monthly Recurring Cost for each month remaining in the circuit term (normally 1, 3 or 5 years) ◦ ETPs are each member’s responsibility ◦ For your reference, MOREnet will share any applicable ETPs with each library as of July 1

10.  Additional Services sponsored by REAL are on hold pending funding availability  Including: ◦ Annual conference registrations and sleeping rooms ◦ Wireless assessments ◦ Sponsored training courses or regional events

11.  At that time, MOREnet will work with the State Library to address the available funds and how these can be applied to members’ service fees

12.  We are happy to talk with each of you about your individual library fees and can help you explore available options for modifying your services  Please do not hesitate to reach out with questions about your services  Please contact Jeanne Sullivan or Natasha Angell  Thank you for your time