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Local Return on Investment
According to a recent study, the economic impact of public libraries can be huge. “The indirect economic impact to the community by Charlotte Mecklenburg Library’s local expenditures is estimated to be around $59.1 million,” notes a new report from the University of North Carolina at Charlotte Urban Institute. “This means that for every $1 expended by the library, the community receives $1.46 of indirect economic impact such as through payment of salaries, building costs and equipment costs.”
Get more information and download the complete study.
January 17, 2011
Get your geek on. Show your support. Geek the library.