Minnesota | Page 3 | Libraries Matter

Concept of return on taxpayer investment can assist libraries

it has been noted that the concept of return on taxpayer investment can assist libraries in demonstrating the benefits of private-public financial partnerships, such as private-sector gift or grant programs to leverage library services beyond those paid for by taxes.

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Minnesota Public Libraries' Return on Investment

Minnesota Public Libraries' ROI

ROI is estimated at $4.62 for every taxpayer $1 generated in support of Minnesota's public libraries.

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Minnesota Public Libraries' Return on Investment

Public Libraries ROI

for every dollar of direct spending on operations payroll, libraries generate $0.53 in additional spending in the economy of Minnesota. In the same way, for every dollar of direct spending on operations services, libraries generate $0.74 in additional spending in Minnesota's economy

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Minnesota Public Libraries' Return on Investment

Public Library of MN add to the state economy

The public libraries of MN on the state economyCapital Expenditures: The impact of payroll associated with public library capital expenditures delivers an impact of more than $35.5 million dollars to the State. Operations: The impact of payroll associated with public library operations delivers an impact of more than $260.8 million dollars to the State.Capital Expenditures: The impact of sales associated with public library capital expenditures delivers an impact of more than $65.3 million dollars to the State. Operations: The impact of sales [services] associated with public library operations delivers an impact of more than $366.4 million dollars to the State.

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Minnesota Public Libraries' Return on Investment

The average household would be willing to donate between $31.7 and $38.3 US dollars

The average household would be willing and able to donate [to public libraries] between $31.7 and $38.3 US dollars annually, resulting in a total donation for Minnesota’s approximately 2,061,882 households of $65.4 to $79.0 million annually.

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Minnesota Public Libraries' Return on Investment

All education groups feel public libraries are important in every community

There appears to be no statistically significant difference between these education groups in their feeling of the importance of having a public library in every community. All groups feel this is important.

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Minnesota Public Libraries' Return on Investment

Majority feel having a library in every community is important

Ninety-five percent of users and 83% of non-users feel having a library in every community is either somewhat or very importantOverall 80% of non-users and 93% of users felt that public library support should remain the same or be increased.

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Minnesota Public Libraries' Return on Investment

Higher income households use libraries more frequently

There is a higher use [of public libraries] in all other combinations of users for households with $30,000 or higher annual incomes.

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Minnesota Public Libraries' Return on Investment

Support of libraries does not vary by gender

There is no statistically significant difference between men and women on the question of whether public library support should be increased, remain the same, or be decreased, although in both cases the vast majority felt that public library support should stay the same or increase.

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Minnesota Public Libraries' Return on Investment

Few want a decrease in Public Library economic support

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Minnesota Public Libraries' Return on Investment