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Methods

2013 Return on Investment Study

How were the Return on Investment and the Economic Benefits of Florida Public Libraries derived?

  • Survey data was collected during the study.
  • We performed an econometric simulation that took taxpayer funds away from public libraries, and distributed them to other government sectors. This simulation:
    • Modeled what would happen if libraries in Florida disappeared.
    • Forecasted impacts over a 32-year period.
    • Demonstrated the economic role public libraries play in Florida's economy.

This study was commissioned by the Florida Department of State's Division of Library and Information Services, and is an update of two previous studies in 2004 and 2008.

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.

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