American libraries are buffeted by cross currents. Citizens believe that libraries are important community institutions and profess interest in libraries offering a range of new program possibilities. Yet, even as the public expresses interest in additional library services, there are signs that the share of Americans visiting libraries has edged downward over the past three […]
Burlington Public Library recently published the results of it’s economic impact study. Here are the top-line results:
In 2015, Burlington Public Library created over $57 million in total economic impact to the City of Burlington.
That’s a solid return on investment of 464 per cent.
The findings show that Burlington Public Library clearly contributes to the quality of life of Canada’s #1 ranked medium-sized city.
In 2015, you gave…
- Burlington residents invested $57.20 in per capita tax support towards the Library’s annual operating budget.
In 2015, you got…
- For every tax dollar invested in the Library by the City in 2015, the community received $5.64 of economic impact.
That’s an economic value of $308 for every resident and $1,057 for every household. Add to this all the money you’re not having to spend on bestselling books, blockbuster movies, and popular magazines, that you can spend in other ways.