This article appeared on the Fox Illinois web site on April 13, 2017. The article profiles Champaign Public Library, and how the proposed federal budget, which includes the elimination of the IMLS, puts libraries like Champaign PL in jeopardy. “It’s a place where you can find a book to read,” Harrington said. “You can find that computer […]
Edmonton Public Library worked with Nordicity to calculate the library’s economic impact on the City of Edmonton. Using a methodology similar to that used by Toronto Public Library, Edmonton Public Library’s impact is significant:
- EPL’s total economic impact is calculated by adding the the value of using collections, and the value of programs and services, to the impact of operations spending, to arrive at a figure of $187 million, annually (averaged over a 3-year period)
- For every dollar spent, EPL generates $3.11 in value, or the equivalent of $212 per resident
EPL and Nordicity calculate the Use Value, which is the value that library customers derive from using EPL’s collections, programs and services.
- EPL generates a total of $131.5 million in value for Edmonton residents
- Edmontonians save at least $131.5 million per year by using the library
Access the full study: