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Return on Investment

When Florida taxpayers invest in libraries, what do they get in return?

In 2013, we conducted a study on the return on investment Florida taxpayers receive when they invest in public libraries. 

2013 study

When Florida taxpayers invest in public libraries what do they get in return?

The 2013 Taxpayer Return on Investment Study evaluated:

  • The value that users place on public libraries.
  • Taxpayers' return on investment.
  • The economic impact of libraries in their communities.

Quick facts from the 2013 study

Economic benefits of Florida public libraries

Return on Investment $10.18 to $1 
Jobs supported  192,000
Cost per job created  $2,574
Total statewide impact  $6.57 billion
Income increase per dollar spent  $28.42

Florida public library statistics

Number of public libraries 555
In-person library visits 82 million
Items checked out 126 million
Number of research questions 30.6 million
Public library card holders 9.5 million

Why are Florida's 555 public libraries so important?

Public libraries:

  • Support business, education and recreation.
  • Promote lifelong learning.
  • Excel in early childhood development.
  • Provide public services and technology instruction.

What benefits do Florida public libraries offer Floridians?

Many people report they use libraries to:

  • Research business practices.
  • Evaluate goods and services.
  • Seek tax information.
  • Obtain information for their own needs, and the needs of their families.
  • Enjoy the relaxing atmosphere, read for fun and attend public events.

imls180.for.panel.jpgMany of these resources and programs are funded under the provisions of the Library Services and Technology Act from the Institute of Museum and Library Services. Florida's LSTA program is administered by the Department of State's Division of Library and Information Services.