Local Picard Group of Pointed Monoids and Their Algebras

The main goal of this paper is to give an explicit formula for the cohomology of the sheaf of units of the punctured spectrum of a Stanley-Reisner ring. In particular we compute the local Picard group of $K [\triangle]$. To achieve this we study the corresponding purely combinatorial problem on the punctured spectrum of the pointed monoid defined by $\triangle$. The cohomology of the sheaf of units on ${\rm Spec}^ \bullet K[\triangle ]$ is then the direct sum of this combinatorial cohomology, which has a decomposition along the vertices, and another part depending on the field $K$.