3/26/09
Scott Dermont, IA
Question:
I’m wondering how monetary amounts on the survey should be rounded. I am assuming that we report whole numbers but is there a standard for rounding? We drop fractions, but I am wondering if rounding to the nearest is more equitable. Rounding up or down might be easier for those who are numerically challenged…
IMLS Response:
One would think this issue would have been formalized in the revenue/expenditure definitions, but it’s not, nor does anything about rounding appear in the blog/wiki discussion threads
Going forward, let’s keep things simple and round to the nearest whole dollar.
Comments:
Ron Winner, IL
In IL we ask them to round all to the nearest whole dollar.
Comments to IMLS Response:
Edie Huffman, IN
That’s what Indiana has done for years.
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