The Value of California’s Public Libraries
The
California State Library is exploring and demonstrating the value that public
libraries provide to their communities and the people who invest in them
through a project titled Measuring
the Value of California's Public Libraries. The project began in January
2017 and continues until June 2019.
LIBRARIES
IMPROVE THE BOTTOM LINE
During
the first phase of the project, we identified approximately 60 resources that
demonstrate the financial return of funds provided to public libraries. The
resources we identified were selected for their relevance to California and
they include studies conducted in California, studies of national and
international significance, statewide studies from outside California, and
studies using notable methodologies.
Like
other meta reviews, our resources demonstrate that investment in public
libraries is a sound use of public funds: for every dollar invested in
libraries, about $2-$10 are returned, with an average of between $3 and $6. The
solid findings of high financial returns reinforce that governments and other
financial investors can continue to trust public library leaders as good
stewards of public money.
The
selected resources are available below and we invite users to consult
individual items or pull the resources together as a whole and use them in the
way that is best suited to their own context.
THE
MANY DIMENSIONS OF VALUE PROVIDED BY LIBRARIES
While
the return on investment numbers we discovered are compelling, they are but one
piece of a larger picture. A more complex approach to looking at libraries'
value considers many dimensions of value including user satisfaction and social
impact as well as economic impact.
In
the second phase of the project, we identified a further 46 resources that
demonstrate the different types of value that libraries provide. Within this
category, definitions of value fall into a few broad categories, including
◆the
social value to vulnerable populations (e.g., persons experiencing
homelessness, those recently arrived in a new country and who are facing
cultural and linguistic barriers);
◆personal
economic development for users (e.g., job search, resume writing, small
business development, etc.);
◆the
value of services provided by libraries during times of crisis response and how
they contribute to community resilience;
◆the
opportunity for users to enhance their personal learning and knowledge
development; and
◆the
development of social capital in communities.
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