The Value of my LibraryI just was reading about the value of libraries and thought our readers might be interested.
According to a report from the Utah State Library Division, the economic return to taxpayers’ investment in public libraries is $7.35 per public tax dollar (or $1.00) expended. The ROI (Return on Investment) was calculated by dividing the total economic value of public libraries minus the total direct benefit ($706,854,261 - $84,617,790 = $622,236,471) by the public tax support ($84,617,790) for all public libraries in Utah. This return per dollar of taxpayer funds comes back to taxpayers in the form of the value of public library services and the economic contribution of public libraries to the economy.
Wow talk about value for your money! Libraries rock. Join us for our National Library week celebrations this week. Check out our webpage, www.bcpl.lib.ut.us for a full list of activities.