One Million Reasons to Love the Library!
The Neosho-Newton County Library is entering an exciting phase in its 139-year history. A $1.8 million expansion to the existing facility has been completed!
We are especially proud that the expansion was completed without asking for a tax increase or bond issue from our Newton County taxpayers. We conducted a sale of certificates of participation and raised the entire $1.8 million, with many local banks and businesses purchasing the certificates. Additionally, due to conservative stewardship of the public funds afforded to the library over the past several years, some three-quarters of a million dollars have been saved to put toward the expansion. The $750,000 already bookmarked for the project will allow us to pay back the first several years of principal and interest on the certificates. In the meantime, we have begun a $1 million fundraising project with the goal of raising enough money to repay the certificates early.
If you are interested in joining in the excitement by contributing to the library expansion, you can either stop by the library and pick up a donor form, or click on the link below to make a secure online donation. Remember, every dollar counts!
Donating is easy, just follow these steps:
1. Click Here to visit the donation website.
2. Under the “Gift Designation” section, use the drop down menu to select the Neosho Newton County Library Fund.
3. Fill out and submit the rest of the form.
Thanks for your interest in the Neosho-Newton County Library.
DID YOU KNOW…
Funding for the addition and renovation of the library was secured with no tax increase through the sale of Certificates of Participation.
We have 25 years to pay off the certificates and just like your home loan, an early payoff will save us thousands of dollars in interest.